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

Raytech Holding Ltd. (NASDAQ:RAY) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 27,300 shares, a drop of 18.3% from the October 31st total of 33,400 shares. Based on an average trading volume of 93,800 shares, the short-interest ratio is presently 0.3 days. Currently, 0.9% of the company’s stock are sold short.

Raytech Stock Performance

Shares of RAY stock opened at $1.41 on Monday. Raytech has a 12-month low of $1.11 and a 12-month high of $6.04. The firm’s 50 day moving average is $1.61 and its 200 day moving average is $2.51.

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.