Short Interest in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Declines By 34.4%

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 457,700 shares, a decline of 34.4% from the September 15th total of 698,200 shares. Based on an average daily volume of 4,336,000 shares, the short-interest ratio is presently 0.1 days.

Rolls-Royce Holdings plc Price Performance

RYCEY stock traded up $0.09 on Friday, reaching $7.05. The company had a trading volume of 2,545,811 shares, compared to its average volume of 3,251,503. The company’s fifty day moving average is $6.56 and its 200 day moving average is $5.88. Rolls-Royce Holdings plc has a 1 year low of $2.35 and a 1 year high of $7.15.

Institutional Trading of Rolls-Royce Holdings plc

Institutional investors and hedge funds have recently made changes to their positions in the stock. 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 during the last quarter. HighPoint Advisor Group LLC purchased a new position in Rolls-Royce Holdings plc during the fourth quarter worth about $65,000. Fulton Bank N.A. boosted its stake in Rolls-Royce Holdings plc by 67.1% in 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 during the last quarter. Torray Investment Partners LLC purchased a new stake in Rolls-Royce Holdings plc in the 2nd quarter valued at about $286,000. Finally, Rhumbline Advisers increased its stake in shares of Rolls-Royce Holdings plc by 19.0% during the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock valued at $479,000 after acquiring an additional 13,353 shares during the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

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.