Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 15,500 shares, an increase of 26.0% from the August 15th total of 12,300 shares. Based on an average trading volume of 18,200 shares, the short-interest ratio is presently 0.9 days. Approximately 0.5% of the shares of the company are short sold.
Erayak Power Solution Group Stock Down 5.8 %
RAYA stock traded down $0.04 during trading on Monday, reaching $0.58. 13,625 shares of the company’s stock were exchanged, compared to its average volume of 117,645. The company’s fifty day moving average price is $0.85 and its 200-day moving average price is $0.78. The company has a current ratio of 1.67, a quick ratio of 1.14 and a debt-to-equity ratio of 0.09. Erayak Power Solution Group has a 1-year low of $0.44 and a 1-year high of $1.65.
About Erayak Power Solution Group
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