Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 192,600 shares, a growth of 1,769.9% from the December 15th total of 10,300 shares. Approximately 6.0% of the company’s shares are sold short. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 1.6 days.
Raytech Price Performance
RAY stock traded up $0.03 during midday trading on Tuesday, hitting $1.24. 15,039 shares of the company’s stock were exchanged, compared to its average volume of 114,842. Raytech has a 1-year low of $1.09 and a 1-year high of $6.04. The business has a 50-day simple moving average of $1.45 and a two-hundred day simple moving average of $2.01.
About Raytech
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