Raytech Holding Ltd. (NASDAQ:RAY) Sees Significant Decline in Short Interest

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 27,300 shares, a decrease of 18.3% from the October 31st total of 33,400 shares. Based on an average daily trading volume, of 93,800 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the shares of the company are short sold.

Raytech Stock Up 10.2 %

RAY stock traded up $0.13 during trading on Friday, reaching $1.41. The stock had a trading volume of 8,999 shares, compared to its average volume of 104,753. The stock’s 50 day moving average is $1.61 and its two-hundred day moving average is $2.52. Raytech has a 52 week low of $1.11 and a 52 week high of $6.04.

Raytech Company Profile

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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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