Short Interest in Raytech Holding Ltd. (NASDAQ:RAY) Declines By 63.3%

Raytech Holding Ltd. (NASDAQ:RAY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 10,300 shares, a drop of 63.3% from the November 30th total of 28,100 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 29,100 shares, the short-interest ratio is presently 0.4 days.

Raytech Stock Up 45.0 %

Shares of RAY traded up $0.49 during mid-day trading on Thursday, hitting $1.58. 448,094 shares of the company traded hands, compared to its average volume of 95,317. Raytech has a 1 year low of $1.09 and a 1 year high of $6.04. The stock has a 50-day moving average price of $1.48 and a two-hundred day moving average price of $2.22.

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.