Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Sees Significant Decrease in Short Interest

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,427,659 shares, a decline of 41.4% from the September 15th total of 2,436,739 shares. Based on an average daily volume of 3,183,188 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Rolls-Royce Holdings PLC

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 65.4% during the first quarter. PNC Financial Services Group Inc. now owns 11,736 shares of the aerospace company’s stock worth $181,000 after buying an additional 4,641 shares during the period. Fulton Bank N.A. increased its stake in shares of Rolls-Royce Holdings PLC by 28.3% in the 2nd quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company’s stock valued at $300,000 after purchasing an additional 3,454 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Rolls-Royce Holdings PLC in the first quarter valued at approximately $350,000. GAMMA Investing LLC grew its holdings in Rolls-Royce Holdings PLC by 14.5% in the second quarter. GAMMA Investing LLC now owns 46,688 shares of the aerospace company’s stock valued at $899,000 after purchasing an additional 5,916 shares during the period. Finally, Financial Avengers Inc. increased its position in shares of Rolls-Royce Holdings PLC by 18.9% in the fourth quarter. Financial Avengers Inc. now owns 78,925 shares of the aerospace company’s stock valued at $1,241,000 after buying an additional 12,525 shares in 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 opened at $18.11 on Friday. The business’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $18.38. The company has a quick ratio of 0.93, a current ratio of 1.24 and a debt-to-equity ratio of 1.34. Rolls-Royce Holdings PLC has a 12-month low of $13.25 and a 12-month high of $21.27.

About Rolls-Royce Holdings PLC

(Get Free Report)

Rolls-Royce Holdings plc is a United Kingdom-based industrial technology company that designs, manufactures and services power systems for civil aerospace, defense and other industrial applications. The company is separate from the automobile manufacturer that bears the Rolls-Royce name.

In its civil aerospace business, Rolls-Royce produces large commercial aircraft engines and provides long-term maintenance, repair and overhaul services. Its defense business supplies engines and power systems for military aircraft, naval vessels and land-based applications.

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