Raytech Holding Ltd. (NASDAQ:RAY) Short Interest Down 18.3% in November

Raytech Holding Ltd. (NASDAQ:RAY) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 27,300 shares, a drop of 18.3% from the October 31st total of 33,400 shares. Based on an average daily volume of 93,800 shares, the short-interest ratio is currently 0.3 days. Approximately 0.9% of the company’s stock are sold short.

Raytech Stock Up 10.2 %

Shares of NASDAQ RAY opened at $1.41 on Monday. Raytech has a fifty-two week low of $1.11 and a fifty-two week high of $6.04. The company has a 50 day simple moving average of $1.61 and a two-hundred day simple moving average of $2.51.

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.