Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Sees Large Drop in Short Interest

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 2,077,200 shares, a decrease of 76.6% from the October 31st total of 8,879,100 shares. Based on an average daily volume of 6,476,700 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RYCEY. GAMMA Investing LLC grew its holdings in Rolls-Royce Holdings plc by 49.5% during the 2nd quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock worth $59,000 after acquiring an additional 3,430 shares during the last quarter. Fulton Bank N.A. grew its stake in shares of Rolls-Royce Holdings plc by 33.1% in the second quarter. Fulton Bank N.A. now owns 61,842 shares of the aerospace company’s stock worth $357,000 after purchasing an additional 15,394 shares during the last quarter. Atlas Capital Advisors LLC increased its holdings in Rolls-Royce Holdings plc by 60,646.2% in the second 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. Hantz Financial Services Inc. bought a new position in Rolls-Royce Holdings plc during the 2nd quarter worth $2,765,000. Finally, Rhumbline Advisers lifted its holdings in Rolls-Royce Holdings plc by 19.0% during the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after buying an additional 13,353 shares during the period. Institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock traded up $0.04 during trading hours on Wednesday, hitting $6.86. The stock had a trading volume of 3,065,358 shares, compared to its average volume of 3,737,285. The business’s 50 day simple moving average is $7.13 and its 200-day simple moving average is $6.35. Rolls-Royce Holdings plc has a one year low of $3.21 and a one year high of $7.62.

Rolls-Royce Holdings plc Company Profile

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.