Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 20,300 shares, a decline of 35.6% from the January 31st total of 31,500 shares. Based on an average daily volume of 130,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are short sold.
Raytech Trading Down 11.1 %
NASDAQ RAY traded down $0.11 during trading hours on Monday, hitting $0.92. 25,195 shares of the company’s stock were exchanged, compared to its average volume of 126,328. The stock has a 50-day simple moving average of $1.23 and a 200 day simple moving average of $1.48. Raytech has a 1-year low of $0.86 and a 1-year high of $6.04.
Raytech Company Profile
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