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

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

Analyst Upgrades and Downgrades

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%

Renault stock traded down $0.12 during midday trading on Monday, reaching $10.25. The stock had a trading volume of 16,887 shares, compared to its average volume of 30,154. The firm's fifty day simple moving average is $10.37 and its 200-day simple moving average is $9.99. Renault has a 1-year low of $7.82 and a 1-year high of $11.72.

Renault Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Thursday, May 8th were given a $0.3309 dividend. 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.