Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Short Interest Update

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 2,166,310 shares, a drop of 55.9% from the March 15th total of 4,917,825 shares. Based on an average daily trading volume, of 5,916,140 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Rolls-Royce Holdings PLC Stock Up 0.1%

Rolls-Royce Holdings PLC stock traded up $0.01 during midday trading on Monday, reaching $17.16. The company’s stock had a trading volume of 1,102,834 shares, compared to its average volume of 4,279,885. The stock’s 50-day simple moving average is $16.97 and its 200-day simple moving average is $16.07. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03. Rolls-Royce Holdings PLC has a 52-week low of $9.34 and a 52-week high of $18.98.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its holdings in shares of Rolls-Royce Holdings PLC by 1.5% in the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock valued at $1,103,000 after purchasing an additional 1,205 shares during the period. GAMMA Investing LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 8.8% in the third quarter. GAMMA Investing LLC now owns 37,471 shares of the aerospace company’s stock valued at $607,000 after purchasing an additional 3,028 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 2,646.8% in the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock valued at $48,000 after purchasing an additional 2,938 shares during the period. ORG Partners LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 115.3% in the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 1,055 shares during the period. Finally, HighPoint Advisor Group LLC increased its holdings in shares of Rolls-Royce Holdings PLC by 7.1% in the third quarter. HighPoint Advisor Group LLC now owns 38,808 shares of the aerospace company’s stock valued at $629,000 after purchasing an additional 2,583 shares during the period. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wells Fargo & Company upgraded Rolls-Royce Holdings PLC to a “strong-buy” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.