Short Interest in Raytech Holding Ltd. (NASDAQ:RAY) Decreases By 35.6%

Raytech Holding Ltd. (NASDAQ:RAY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 20,300 shares, a decrease of 35.6% from the January 31st total of 31,500 shares. Based on an average daily trading volume, of 130,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the company’s shares are short sold.

Raytech Price Performance

NASDAQ RAY opened at $1.04 on Friday. Raytech has a 52 week low of $0.96 and a 52 week high of $6.04. The stock has a fifty day moving average of $1.24 and a 200-day moving average of $1.49.

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.