Raytech Holding Ltd. (NASDAQ:RAY) Short Interest Down 35.6% in February

Raytech Holding Ltd. (NASDAQ:RAY) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 20,300 shares, a decline of 35.6% from the January 31st total of 31,500 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 130,000 shares, the days-to-cover ratio is presently 0.2 days.

Raytech Trading Down 11.1 %

Shares of RAY stock traded down $0.11 on Monday, hitting $0.92. The company had a trading volume of 25,195 shares, compared to its average volume of 126,328. The stock’s 50-day moving average is $1.23 and its two-hundred day moving average is $1.48. Raytech has a twelve month low of $0.86 and a twelve month high of $6.04.

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.