Renault SA (OTCMKTS:RNLSY) Short Interest Down 37.5% in May

Renault SA (OTCMKTS:RNLSY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 4,000 shares, a decrease of 37.5% from the April 30th total of 6,400 shares. Based on an average daily volume of 30,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Renault in a research report on Friday, April 25th.

Renault Stock Down 1.2%

Shares of OTCMKTS:RNLSY traded down $0.12 during trading on Wednesday, hitting $9.93. The stock had a trading volume of 11,879 shares, compared to its average volume of 29,800. Renault has a 12 month low of $7.82 and a 12 month high of $11.57. The firm's fifty day moving average is $10.34 and its 200 day moving average is $9.99.

Renault Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, May 8th were given a dividend of $0.3309 per share. This represents a yield of 3.11%. The ex-dividend date was Wednesday, May 7th.

About Renault

Renault SA engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. It also engages in the design and production of parts and equipment used for manufacturing and operation vehicles. The company operates through Automotive, Sale Financing, and Mobility Services segments.