Raytech Holding Ltd. (NASDAQ:RAY – Get 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
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