Erayak Power Solution Group Inc. (NASDAQ:RAYA) Short Interest Update

Erayak Power Solution Group Inc. (NASDAQ:RAYA) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 4,400 shares, a decline of 71.6% from the August 31st total of 15,500 shares. Based on an average trading volume of 17,800 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Erayak Power Solution Group Trading Down 1.2 %

NASDAQ:RAYA traded down $0.01 on Friday, reaching $0.66. The company’s stock had a trading volume of 9,383 shares, compared to its average volume of 113,096. Erayak Power Solution Group has a 1-year low of $0.44 and a 1-year high of $1.65. The company has a quick ratio of 1.14, a current ratio of 1.67 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.77.

Erayak Power Solution Group Company Profile

Erayak Power Solution Group Inc, through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products.