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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 685,100 shares, a drop of 67.0% from the November 15th total of 2,077,200 shares. Based on an average daily volume of 5,857,400 shares, the days-to-cover ratio is currently 0.1 days.

Rolls-Royce Holdings plc Price Performance

OTCMKTS RYCEY traded up $0.16 during trading on Wednesday, hitting $7.40. The company’s stock had a trading volume of 1,655,052 shares, compared to its average volume of 3,725,256. Rolls-Royce Holdings plc has a fifty-two week low of $3.64 and a fifty-two week high of $7.68. The business’s 50 day simple moving average is $7.18 and its 200-day simple moving average is $6.48.

Institutional Trading of Rolls-Royce Holdings plc

A number of institutional investors have recently bought and sold shares of RYCEY. Atlas Capital Advisors LLC lifted its position in Rolls-Royce Holdings plc by 60,646.2% during the 2nd quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock worth $640,000 after acquiring an additional 111,589 shares during the period. Hantz Financial Services Inc. acquired a new stake in shares of Rolls-Royce Holdings plc during the second quarter worth about $2,765,000. Rhumbline Advisers boosted its position in Rolls-Royce Holdings plc by 19.0% in the second quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock valued at $479,000 after buying an additional 13,353 shares during the last quarter. Torray Investment Partners LLC acquired a new position in Rolls-Royce Holdings plc in the 2nd quarter worth approximately $286,000. Finally, GAMMA Investing LLC raised its position in Rolls-Royce Holdings plc by 82.0% during the 3rd quarter. GAMMA Investing LLC now owns 18,846 shares of the aerospace company’s stock worth $133,000 after buying an additional 8,491 shares during the last quarter. 0.07% of the stock is currently owned by institutional investors and hedge funds.

About Rolls-Royce Holdings plc

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.