Raytech Holding Ltd. (NASDAQ:RAY) Sees Large Drop in Short Interest

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,200 shares, a decline of 35.0% from the February 13th total of 20,300 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,700,000 shares, the short-interest ratio is presently 0.0 days.

Raytech Stock Down 12.9 %

NASDAQ:RAY traded down $0.18 during trading hours on Friday, hitting $1.22. The stock had a trading volume of 551,643 shares, compared to its average volume of 650,996. The business’s 50 day moving average is $1.20 and its 200-day moving average is $1.46. Raytech has a one year low of $0.86 and a one year high of $6.04.

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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