Short Interest in Raytech Holding Limited (NASDAQ:RAY) Expands By 4,179.6%

Raytech Holding Limited (NASDAQ:RAY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 1,990,000 shares, anincreaseof4,179.6% from the July 15th total of 46,500 shares. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is presently 1.0 days. Approximately20.0% of the shares of the stock are short sold. Approximately20.0% of the shares of the stock are short sold. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Raytech

A hedge fund recently bought a new stake in Raytech stock. Virtu Financial LLC bought a new stake in shares of Raytech Holding Limited (NASDAQ:RAY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,968 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned about 0.09% of Raytech as of its most recent filing with the Securities and Exchange Commission.

Raytech Price Performance

NASDAQ RAY opened at $2.82 on Friday. The stock’s 50 day moving average is $1.91 and its 200 day moving average is $1.76. Raytech has a 12 month low of $0.86 and a 12 month high of $3.24.

About Raytech

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.