Moatable (RENN) News Today

Renren Inc. (NYSE:RENN - Get Rating) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 42,219 put options on the company. This represents an increase of approximately 11,793% compared to the typical daily volume of 355 put options.

Renren Inc. (NYSE:RENN) declared a -- dividend on Monday, December 12th. Investors of record on Monday, November 21st will be paid a dividend of 31.5585 per share by the technology company on Wednesday, December 21st. The ex-dividend date of this dividend is Thursday, December 22nd.

Renren Inc. (NYSE:RENN - Get Rating) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 115,000 shares, a decrease of 37.4% from the October 15th total of 183,700 shares. Based on an average daily volume of 46,800 shares, the short-interest ratio is currently 2.5 days.

Renren Inc. (NYSE:RENN - Get Rating) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 438,300 shares, a decrease of 32.9% from the June 30th total of 652,800 shares. Based on an average trading volume of 85,500 shares, the days-to-cover ratio is currently 5.1 days.