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

Key Points

• Short interest fell 41.4% to 1,427,659 shares as of September 30, down from 2,436,739 shares on September 15. Short interest represents approximately 0.0% of shares outstanding, with a days-to-cover ratio of 0.4.
• Several institutional investors increased their positions, including Henry James International Management, which added 17.2%, and Financial Avengers, which added 18.9%. Hedge funds and other institutional investors collectively own 0.07% of the stock.
• RYCEY opened at $17.87, compared with a 12-month range of $13.25 to $21.27; its 50-day and 200-day moving averages were $19.84 and $18.35, respectively.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Henry James International Management Inc. grew its position in shares of Rolls-Royce Holdings PLC by 17.2% in the third quarter. Henry James International Management Inc. now owns 662,815 shares of the aerospace company's stock valued at $12,870,000 after purchasing an additional 97,466 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Rolls-Royce Holdings PLC in the first quarter valued at approximately $1,963,000. Dorsey Wright & Associates increased its holdings in shares of Rolls-Royce Holdings PLC by 2.2% in the fourth quarter. Dorsey Wright & Associates now owns 99,391 shares of the aerospace company's stock valued at $1,537,000 after purchasing an additional 2,117 shares during the last quarter. Financial Avengers Inc. increased its holdings in shares of Rolls-Royce Holdings PLC by 18.9% in the fourth quarter. Financial Avengers Inc. now owns 78,925 shares of the aerospace company's stock valued at $1,241,000 after purchasing an additional 12,525 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Rolls-Royce Holdings PLC by 15.4% during the third quarter. GAMMA Investing LLC now owns 53,877 shares of the aerospace company's stock worth $1,044,000 after buying an additional 7,189 shares in the last quarter. 0.07% of the stock is owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Price Performance

RYCEY opened at $17.87 on Thursday. Rolls-Royce Holdings PLC has a twelve month low of $13.25 and a twelve month high of $21.27. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.93 and a current ratio of 1.24. The firm's 50-day moving average price is $19.84 and its 200 day moving average price is $18.35.

Rolls-Royce Holdings PLC Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.