Short Interest in Raytech Holding Ltd. (NASDAQ:RAY) Drops By 35.9%

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 137,400 shares, a decline of 35.9% from the March 15th total of 214,200 shares. Based on an average daily volume of 2,410,000 shares, the short-interest ratio is currently 0.1 days. Currently, 4.3% of the shares of the company are sold short.

Raytech Stock Up 0.4 %

Shares of RAY opened at $2.55 on Friday. The business’s 50-day moving average is $1.57 and its two-hundred day moving average is $1.48. Raytech has a fifty-two week low of $0.86 and a fifty-two 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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