Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) was the target of a large decline in short interest in 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. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 130,000 shares, the short-interest ratio is currently 0.2 days.
Raytech Trading Up 4.1 %
Shares of RAY traded up $0.04 during trading hours on Tuesday, hitting $0.96. The company had a trading volume of 7,433 shares, compared to its average volume of 125,734. Raytech has a one year low of $0.86 and a one year high of $6.04. The company’s fifty day moving average price is $1.23 and its two-hundred day moving average price is $1.48.
About Raytech
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