Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Update

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 851,400 shares, a growth of 2,611.5% from the July 15th total of 31,400 shares. Based on an average daily volume of 5,428,200 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Several institutional investors and hedge funds have recently modified their holdings of RYCEY. GAMMA Investing LLC boosted its stake in shares of Rolls-Royce Holdings plc by 49.5% during the 2nd quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock worth $59,000 after acquiring an additional 3,430 shares during the period. HighPoint Advisor Group LLC bought a new position in Rolls-Royce Holdings plc during the 4th quarter worth $65,000. Tieton Capital Management LLC acquired a new position in Rolls-Royce Holdings plc in the 4th quarter valued at $75,000. Fulton Bank N.A. lifted its position 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 valued at $250,000 after acquiring an additional 18,646 shares during the period. Finally, Torray Investment Partners LLC bought a new stake in shares of Rolls-Royce Holdings plc during the 2nd quarter valued at $286,000. 0.07% of the stock is currently owned by institutional investors and hedge funds.

Rolls-Royce Holdings plc Stock Performance

Rolls-Royce Holdings plc stock traded up $0.13 during mid-day trading on Monday, hitting $6.16. 1,663,600 shares of the company’s stock were exchanged, compared to its average volume of 3,444,948. Rolls-Royce Holdings plc has a fifty-two week low of $2.35 and a fifty-two week high of $6.39. The company’s 50 day simple moving average is $5.81 and its 200-day simple moving average is $5.21.

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.