Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Down 95.8% in May

Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 222,600 shares, a decline of 95.8% from the April 30th total of 5,278,200 shares. Based on an average daily volume of 10,747,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are sold short.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Kepler Capital Markets upgraded Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th. Vertical Research upgraded Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th.

Rolls-Royce Holdings plc Price Performance

Shares of RYCEY traded up $0.36 during trading on Monday, reaching $11.97. 4,215,623 shares of the company traded hands, compared to its average volume of 4,071,334. The stock has a 50-day simple moving average of $10.20 and a 200-day simple moving average of $8.74. Rolls-Royce Holdings plc has a twelve month low of $5.40 and a twelve month high of $12.00.

Institutional Trading of Rolls-Royce Holdings plc

Several hedge funds and other institutional investors have recently made changes to their positions in RYCEY. PNC Financial Services Group Inc. raised its position in shares of Rolls-Royce Holdings plc by 60.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock valued at $43,000 after buying an additional 2,287 shares during the last quarter. First Horizon Advisors Inc. boosted its position in Rolls-Royce Holdings plc by 152.1% during the 4th quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock valued at $46,000 after purchasing an additional 3,904 shares during the period. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc in the 4th quarter valued at approximately $144,000. Financial Avengers Inc. lifted its position in Rolls-Royce Holdings plc by 32.6% in the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock worth $203,000 after purchasing an additional 7,000 shares during the period. Finally, HighPoint Advisor Group LLC increased its holdings in shares of Rolls-Royce Holdings plc by 17.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock valued at $233,000 after buying an additional 4,431 shares in the last quarter. Hedge funds and other institutional investors own 0.07% of the company's stock.

Rolls-Royce Holdings plc Company Profile

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.