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

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 590,600 shares, a decline of 13.8% from the November 30th total of 685,100 shares. Based on an average daily trading volume, of 5,063,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in Rolls-Royce Holdings plc by 82.0% during the third quarter. GAMMA Investing LLC now owns 18,846 shares of the aerospace company’s stock worth $133,000 after purchasing an additional 8,491 shares during the period. Financial Avengers Inc. lifted its stake in shares of Rolls-Royce Holdings plc by 13.2% during the 3rd quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock worth $152,000 after buying an additional 2,500 shares during the last quarter. Torray Investment Partners LLC bought a new stake in shares of Rolls-Royce Holdings plc during the 2nd quarter worth about $286,000. Finally, Rhumbline Advisers grew its stake in Rolls-Royce Holdings plc by 19.0% in the 2nd 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. 0.07% of the stock is owned by institutional investors and hedge funds.

Rolls-Royce Holdings plc Stock Performance

OTCMKTS:RYCEY opened at $7.32 on Monday. Rolls-Royce Holdings plc has a 12-month low of $3.68 and a 12-month high of $7.68. The stock’s 50 day moving average price is $7.24 and its two-hundred day moving average price is $6.62.

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.