Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Shares Shorted: Short Interest Down 41.4% in September

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,427,659 shares, a drop of 41.4% from the September 15th total of 2,436,739 shares. Based on an average trading volume of 3,183,188 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Rolls-Royce Holdings PLC Trading Down 0.3%

OTCMKTS RYCEY opened at $17.87 on Thursday. The business’s fifty day simple moving average is $19.84 and its 200-day simple moving average is $18.35. The company has a current ratio of 1.24, a quick ratio of 0.93 and a debt-to-equity ratio of 1.34. Rolls-Royce Holdings PLC has a 52 week low of $13.25 and a 52 week high of $21.27.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Several hedge funds and other institutional investors have recently bought and sold shares of RYCEY. Henry James International Management Inc. raised its stake in Rolls-Royce Holdings PLC by 17.2% during the third quarter. Henry James International Management Inc. now owns 662,815 shares of the aerospace company’s stock worth $12,870,000 after purchasing an additional 97,466 shares during the period. GAMMA Investing LLC boosted its holdings in Rolls-Royce Holdings PLC by 15.4% in the 3rd quarter. GAMMA Investing LLC now owns 53,877 shares of the aerospace company’s stock valued at $1,044,000 after purchasing an additional 7,189 shares during the last quarter. Fulton Bank N.A. boosted its holdings in Rolls-Royce Holdings PLC by 28.3% in the 2nd quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company’s stock valued at $300,000 after purchasing an additional 3,454 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Rolls-Royce Holdings PLC by 65.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,736 shares of the aerospace company’s stock valued at $181,000 after buying an additional 4,641 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in shares of Rolls-Royce Holdings PLC in the 1st quarter valued at approximately $350,000. 0.07% of the stock is currently owned by institutional investors and hedge funds.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a United Kingdom-based industrial technology company that designs, manufactures and services power systems for civil aerospace, defense and other industrial applications. The company is separate from the automobile manufacturer that bears the Rolls-Royce name.

In its civil aerospace business, Rolls-Royce produces large commercial aircraft engines and provides long-term maintenance, repair and overhaul services. Its defense business supplies engines and power systems for military aircraft, naval vessels and land-based applications.