Raytech Holding Ltd. (NASDAQ:RAY – Get Free Report) was the recipient of a large growth in short interest in 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 shares of the company are short sold. Based on an average trading volume of 120,600 shares, the short-interest ratio is presently 1.6 days.
Raytech Trading Up 2.4 %
Shares of NASDAQ:RAY traded up $0.03 during mid-day trading on Wednesday, reaching $1.27. The company had a trading volume of 55,670 shares, compared to its average volume of 108,296. Raytech has a one year low of $1.09 and a one year high of $6.04. The company’s 50-day moving average price is $1.45 and its 200-day moving average price is $1.99.
About Raytech
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