Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 214,200 shares, a growth of 1,522.7% from the February 28th total of 13,200 shares. Approximately 6.7% of the shares of the company are short sold. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is currently 0.1 days.
Raytech Stock Performance
RAY remained flat at $1.94 during midday trading on Wednesday. 4,122,238 shares of the company’s stock traded hands, compared to its average volume of 746,301. The firm has a 50 day moving average of $1.20 and a 200-day moving average of $1.43. Raytech has a 1-year low of $0.86 and a 1-year high of $6.04.
Raytech Company Profile
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