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

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) was the target of a large growth in short interest in 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. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 1.6 days. Approximately 6.0% of the shares of the company are sold short.

Raytech Trading Up 0.8 %

RAY traded up $0.01 on Tuesday, hitting $1.28. 18,549 shares of the stock were exchanged, compared to its average volume of 76,126. Raytech has a 12 month low of $1.00 and a 12 month high of $6.04. The business has a 50-day moving average of $1.36 and a two-hundred day moving average of $1.82.

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.

Further Reading

Receive News & Ratings for Raytech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raytech and related companies with MarketBeat.com's FREE daily email newsletter.