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

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

Raytech Price Performance

Shares of RAY stock traded down $0.14 during trading hours on Monday, reaching $1.21. The stock had a trading volume of 126,903 shares, compared to its average volume of 128,958. The stock’s fifty day simple moving average is $1.46 and its 200 day simple moving average is $2.02. Raytech has a 12 month low of $1.09 and a 12 month high of $6.04.

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.

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