Erayak Power Solution Group Inc. (NASDAQ:RAYA) Short Interest Update

Erayak Power Solution Group Inc. (NASDAQ:RAYA) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 92.9% from the January 31st total of 1,400 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is presently 0.0 days.

Erayak Power Solution Group Stock Performance

RAYA traded down $0.02 during trading on Friday, reaching $1.28. 15,947 shares of the stock traded hands, compared to its average volume of 8,768. The stock’s 50-day simple moving average is $1.29 and its two-hundred day simple moving average is $1.12. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.10 and a quick ratio of 1.41. Erayak Power Solution Group has a fifty-two week low of $0.55 and a fifty-two week high of $1.78.

Erayak Power Solution Group Company Profile

Erayak Power Solution Group Inc, through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products.