Royal Bank Of Canada (NYSE:RY) Sees Significant Decline in Short Interest

Posted by Francis Steltz on Jun 4th, 2026

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,308,403 shares, a decline of 39.8% from the April 30th total of 8,815,158 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,062,523 shares, the short-interest ratio is currently 5.0 days.

Royal Bank Of Canada Trading Up 2.1%

Shares of RY stock traded up $3.94 on Thursday, reaching $195.02. 290,361 shares of the stock were exchanged, compared to its average volume of 1,453,629. The stock has a market cap of $272.58 billion, a PE ratio of 17.53, a P/E/G ratio of 1.50 and a beta of 0.81. Royal Bank Of Canada has a one year low of $126.02 and a one year high of $194.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a 50 day moving average price of $177.06 and a 200 day moving average price of $169.51.

Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last released its quarterly earnings data on Thursday, May 28th. The financial services provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.03. Royal Bank Of Canada had a return on equity of 17.83% and a net margin of 15.92%.The business had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.74 billion. During the same quarter in the prior year, the company posted $3.12 earnings per share. The firm’s revenue was up 11.4% on a year-over-year basis. Equities research analysts forecast that Royal Bank Of Canada will post 11.52 EPS for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, July 27th will be given a dividend of $1.76 per share. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, July 27th. Royal Bank Of Canada’s payout ratio is currently 42.41%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Harvest Fund Management Co. Ltd acquired a new stake in shares of Royal Bank Of Canada in the fourth quarter valued at approximately $25,000. Tradewinds Capital Management LLC acquired a new stake in shares of Royal Bank Of Canada during the 4th quarter worth about $26,000. Key Financial Inc lifted its stake in shares of Royal Bank Of Canada by 63.0% during the 1st quarter. Key Financial Inc now owns 163 shares of the financial services provider’s stock worth $26,000 after buying an additional 63 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Royal Bank Of Canada during the 3rd quarter worth about $27,000. Finally, Maseco LLP lifted its stake in shares of Royal Bank Of Canada by 355.0% during the 1st quarter. Maseco LLP now owns 182 shares of the financial services provider’s stock worth $29,000 after buying an additional 142 shares during the last quarter. 45.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RY has been the topic of several recent research reports. Barclays reissued an “overweight” rating on shares of Royal Bank Of Canada in a report on Thursday, February 19th. Scotiabank reaffirmed an “outperform” rating on shares of Royal Bank Of Canada in a research note on Monday. Raymond James Financial lowered Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Royal Bank Of Canada in a research report on Friday, May 29th. Finally, TD Securities restated a “buy” rating on shares of Royal Bank Of Canada in a research report on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Royal Bank Of Canada currently has an average rating of “Moderate Buy” and an average target price of $162.00.

View Our Latest Report on RY

About Royal Bank Of Canada

(Get Free Report)

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.