Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 214,200 shares, an increase of 1,522.7% from the February 28th total of 13,200 shares. Based on an average daily volume of 2,160,000 shares, the short-interest ratio is presently 0.1 days. Approximately 6.7% of the company’s stock are short sold.
Raytech Price Performance
NASDAQ:RAY opened at $1.92 on Friday. The business’s 50-day moving average is $1.22 and its two-hundred day moving average is $1.44. Raytech has a 12 month low of $0.86 and a 12 month high of $6.04.
About Raytech
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