Raytech Holding Ltd. (NASDAQ:RAY) Short Interest Down 18.3% in November

Raytech Holding Ltd. (NASDAQ:RAYGet Free Report) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 27,300 shares, a decrease of 18.3% from the October 31st total of 33,400 shares. Based on an average daily volume of 93,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.9% of the shares of the stock are sold short.

Raytech Price Performance

Shares of RAY stock traded up $0.13 on Friday, hitting $1.41. 8,999 shares of the company’s stock traded hands, compared to its average volume of 104,753. The company’s fifty day simple moving average is $1.61 and its 200 day simple moving average is $2.52. Raytech has a one year low of $1.11 and a one year high of $6.04.

Raytech Company Profile

(Get Free Report)

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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