Short Interest in Raytech Holding Ltd. (NASDAQ:RAY) Rises By 1,769.9%

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 192,600 shares, an increase of 1,769.9% from the December 15th total of 10,300 shares. Based on an average daily trading volume, of 120,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 6.0% of the company’s shares are short sold.

Raytech Stock Down 10.4 %

Shares of NASDAQ RAY traded down $0.14 during mid-day trading on Monday, hitting $1.21. The stock had a trading volume of 126,903 shares, compared to its average volume of 128,958. Raytech has a 1 year low of $1.09 and a 1 year high of $6.04. The business has a 50 day moving average price of $1.46 and a two-hundred day moving average price of $2.02.

Raytech Company Profile

(Get Free Report)

Raytech Holding Limited company specializes in design, sourcing and wholesale of personal care electrical appliances for international brand owners. Raytech Holding Limited is based in Hong Kong.

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