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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 90,400 shares, a growth of 380.9% from the August 15th total of 18,800 shares. Based on an average daily volume of 3,395,200 shares, the days-to-cover ratio is currently 0.0 days.

Rolls-Royce Holdings plc Trading Up 1.2 %

Shares of Rolls-Royce Holdings plc stock traded up $0.08 on Friday, hitting $6.58. 1,734,741 shares of the company’s stock were exchanged, compared to its average volume of 3,338,213. Rolls-Royce Holdings plc has a 1 year low of $2.35 and a 1 year high of $6.61. The company has a 50-day simple moving average of $6.09 and a 200-day simple moving average of $5.60.

Institutional Investors Weigh In On Rolls-Royce Holdings plc

A number of hedge funds have recently modified their holdings of RYCEY. GAMMA Investing LLC raised its stake in shares of Rolls-Royce Holdings plc by 49.5% in the second quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock worth $59,000 after buying an additional 3,430 shares during the period. HighPoint Advisor Group LLC bought a new position in shares of Rolls-Royce Holdings plc in the fourth quarter worth about $65,000. Tieton Capital Management LLC bought a new position in shares of Rolls-Royce Holdings plc in the fourth quarter worth about $75,000. Fulton Bank N.A. raised its stake in shares of Rolls-Royce Holdings plc by 67.1% in the first 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 period. Finally, Torray Investment Partners LLC bought a new position in shares of Rolls-Royce Holdings plc in the second quarter worth about $286,000. Institutional investors own 0.07% of the company’s stock.

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.