Short Interest in Raytech Holding Limited (NASDAQ:RAY) Decreases By 66.1%

Posted by Alphonse Anthony on Aug 30th, 2026

Raytech Holding Limited (NASDAQ:RAY – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 2,544 shares, a decrease of 66.1% from the July 30th total of 7,497 shares. Based on an average daily volume of 6,917 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded shares of Raytech from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Analysis on RAY

Raytech Price Performance

RAY opened at $2.75 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.36 and a quick ratio of 2.36. Raytech has a 52-week low of $1.40 and a 52-week high of $16.00. The business’s fifty day moving average is $2.87 and its 200-day moving average is $3.35.

Raytech (NASDAQ:RAY – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.30 EPS for the quarter. The company had revenue of $6.68 million during the quarter.

Institutional Trading of Raytech

Large investors have recently made changes to their positions in the company. Cetera Investment Advisers acquired a new position in Raytech during the first quarter valued at approximately $82,000. Marex Group plc acquired a new stake in shares of Raytech in the 2nd quarter valued at $60,000. Finally, Virtu Financial LLC increased its stake in shares of Raytech by 631.7% in the 3rd quarter. Virtu Financial LLC now owns 85,408 shares of the company’s stock valued at $42,000 after purchasing an additional 73,735 shares during the last quarter.

About Raytech

(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.