Raytech Holding Limited (NASDAQ:RAY) Sees Significant Drop in Short Interest

Posted by Ethan Ryder on Aug 18th, 2026

Raytech Holding Limited (NASDAQ:RAY – Get Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 7,497 shares, a decline of 48.0% from the July 15th total of 14,414 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 6,904 shares, the days-to-cover ratio is currently 1.1 days.

Raytech Price Performance

Shares of RAY traded up $0.05 during mid-day trading on Tuesday, hitting $2.75. 2,845 shares of the company traded hands, compared to its average volume of 26,299. Raytech has a one year low of $1.40 and a one year high of $58.88. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.36 and a quick ratio of 2.36. The business has a 50-day moving average of $2.93 and a 200 day moving average of $3.44.

Raytech (NASDAQ:RAY – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.30 earnings per share for the quarter. The company had revenue of $3.86 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Raytech from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on RAY

Hedge Funds Weigh In On Raytech

Several large investors have recently made changes to their positions in RAY. Virtu Financial LLC boosted its holdings in Raytech by 631.7% in the third quarter. Virtu Financial LLC now owns 85,408 shares of the company’s stock valued at $42,000 after acquiring an additional 73,735 shares during the last quarter. Marex Group plc bought a new stake in Raytech during the 2nd quarter worth about $60,000. Finally, Cetera Investment Advisers acquired a new position in Raytech during the 1st quarter valued at about $82,000.

About Raytech

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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.