Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Sees Large Drop in Short Interest

Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 169,800 shares, a decline of 36.2% from the March 15th total of 266,000 shares. Based on an average daily volume of 4,918,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Rolls-Royce Holdings plc

Institutional investors and hedge funds have recently made changes to their positions in the business. HighPoint Advisor Group LLC purchased a new position in Rolls-Royce Holdings plc during the fourth quarter worth about $65,000. SVB Wealth LLC raised its holdings in Rolls-Royce Holdings plc by 52.6% during the first quarter. SVB Wealth LLC now owns 19,515 shares of the aerospace company's stock worth $35,000 after purchasing an additional 6,729 shares in the last quarter. Tieton Capital Management LLC purchased a new position in Rolls-Royce Holdings plc during the fourth quarter worth about $75,000. Fulton Bank N.A. purchased a new position in Rolls-Royce Holdings plc during the third quarter worth about $122,000. Finally, Comerica Bank purchased a new position in Rolls-Royce Holdings plc during the second quarter worth about $217,000. 0.07% of the stock is owned by hedge funds and other institutional investors.

Rolls-Royce Holdings plc Trading Down 2.8 %

OTCMKTS RYCEY traded down $0.14 during trading on Friday, reaching $4.95. The company's stock had a trading volume of 3,110,780 shares, compared to its average volume of 3,884,411. The business's fifty day moving average price is $4.76 and its 200-day moving average price is $3.76. Rolls-Royce Holdings plc has a twelve month low of $1.73 and a twelve month high of $5.46.

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.

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