Short Interest in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Decreases By 97.8%

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 18,800 shares, a drop of 97.8% from the July 31st total of 851,400 shares. Based on an average daily volume of 6,249,200 shares, the days-to-cover ratio is presently 0.0 days.

Rolls-Royce Holdings plc Stock Up 0.5 %

RYCEY stock traded up $0.03 during mid-day trading on Thursday, reaching $6.52. The company had a trading volume of 2,613,968 shares, compared to its average volume of 3,324,441. The stock has a 50 day simple moving average of $5.94 and a two-hundred day simple moving average of $5.42. Rolls-Royce Holdings plc has a 52 week low of $2.35 and a 52 week high of $6.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its holdings in Rolls-Royce Holdings plc by 49.5% in the 2nd quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock valued at $59,000 after acquiring an additional 3,430 shares in the last quarter. Henry James International Management Inc. acquired a new position in Rolls-Royce Holdings plc in the 4th quarter valued at $607,000. HighPoint Advisor Group LLC acquired a new position in shares of Rolls-Royce Holdings plc during the 4th quarter worth $65,000. Fulton Bank N.A. raised its holdings in shares of Rolls-Royce Holdings plc by 67.1% during the 1st quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock worth $250,000 after buying an additional 18,646 shares in the last quarter. Finally, Tieton Capital Management LLC acquired a new position in shares of Rolls-Royce Holdings plc during the 4th quarter worth $75,000. 0.07% of the stock is currently owned by institutional investors.

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.