Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 214,200 shares, an increase of 1,522.7% from the February 28th total of 13,200 shares. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 6.7% of the company’s stock are sold short.
Raytech Price Performance
Shares of NASDAQ RAY opened at $1.94 on Thursday. The business has a 50 day simple moving average of $1.21 and a 200 day simple moving average of $1.43. Raytech has a 52 week low of $0.86 and a 52 week high of $6.04.
Raytech Company Profile
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