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

Erayak Power Solution Group Inc. (NASDAQ:RAYA) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 8,700 shares, a growth of 8,600.0% from the March 31st total of 100 shares. Based on an average trading volume of 278,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.3% of the shares of the stock are sold short.

Erayak Power Solution Group Price Performance

NASDAQ:RAYA opened at $0.69 on Friday. Erayak Power Solution Group has a 52 week low of $0.44 and a 52 week high of $2.68. The company has a 50-day moving average of $0.69 and a 200-day moving average of $0.77. The company has a quick ratio of 1.14, a current ratio of 1.67 and a debt-to-equity ratio of 0.09.

About Erayak Power Solution Group

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.