Short Interest in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Drops By 17.8%
by Scott Moore · The Cerbat GemRolls-Royce Holdings plc (OTCMKTS:RYCEY – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 376,400 shares, a decline of 17.8% from the September 30th total of 457,700 shares. Based on an average daily volume of 5,096,700 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of Rolls-Royce Holdings plc
Several large investors have recently added to or reduced their stakes in RYCEY. GAMMA Investing LLC lifted 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 buying an additional 3,430 shares during the last quarter. Torray Investment Partners LLC purchased a new stake in shares of Rolls-Royce Holdings plc during the second quarter valued at $286,000. Fulton Bank N.A. boosted its stake in Rolls-Royce Holdings plc by 33.1% in the 2nd 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 period. Rhumbline Advisers increased its holdings in shares of Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock valued at $479,000 after purchasing an additional 13,353 shares during the period. Finally, Atlas Capital Advisors LLC boosted its position in Rolls-Royce Holdings plc by 60,646.2% during 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 last quarter. 0.07% of the stock is currently owned by institutional investors and hedge funds.
Rolls-Royce Holdings plc Price Performance
Shares of RYCEY stock remained flat at $7.38 during mid-day trading on Wednesday. The stock had a trading volume of 25,694,491 shares, compared to its average volume of 3,752,583. The firm’s 50-day moving average is $6.84 and its 200-day moving average is $6.07. Rolls-Royce Holdings plc has a twelve month low of $2.53 and a twelve month high of $7.55.
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.
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