Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Up 2,259.0% in October

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 8,879,100 shares, a growth of 2,259.0% from the October 15th total of 376,400 shares. Based on an average daily volume of 21,915,600 shares, the days-to-cover ratio is currently 0.4 days.

Rolls-Royce Holdings plc Stock Performance

Shares of OTCMKTS RYCEY traded down $0.17 during midday trading on Tuesday, hitting $7.26. The stock had a trading volume of 1,377,792 shares, compared to its average volume of 3,768,412. Rolls-Royce Holdings plc has a 1 year low of $2.84 and a 1 year high of $7.62. The stock has a 50 day simple moving average of $6.99 and a 200-day simple moving average of $6.21.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. acquired a new stake in shares of Rolls-Royce Holdings plc during the 2nd quarter worth about $2,765,000. GAMMA Investing LLC grew its position in Rolls-Royce Holdings plc by 49.5% in the second quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock worth $59,000 after buying an additional 3,430 shares during the last quarter. Atlas Capital Advisors LLC increased its holdings in shares of Rolls-Royce Holdings plc by 60,646.2% in the 2nd quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock valued at $640,000 after purchasing an additional 111,589 shares during the period. Rhumbline Advisers lifted its holdings in Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after purchasing an additional 13,353 shares during the last quarter. Finally, Torray Investment Partners LLC acquired a new stake in shares of Rolls-Royce Holdings plc during the 2nd quarter worth approximately $286,000. Institutional investors and hedge funds own 0.07% of the company’s stock.

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.