Raytech Holding Ltd. (NASDAQ:RAY) Short Interest Update

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

Raytech Stock Performance

Shares of RAY stock traded up $0.01 during trading hours on Tuesday, hitting $1.28. 18,549 shares of the company were exchanged, compared to its average volume of 76,126. Raytech has a fifty-two week low of $1.00 and a fifty-two week high of $6.04. The company has a 50 day simple moving average of $1.36 and a two-hundred day simple moving average of $1.82.

Raytech Company Profile

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.