Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Down 13.8% in December

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 590,600 shares, a decrease of 13.8% from the November 30th total of 685,100 shares. Based on an average trading volume of 5,063,300 shares, the days-to-cover ratio is currently 0.1 days.

Rolls-Royce Holdings plc Trading Down 0.7 %

OTCMKTS RYCEY opened at $7.32 on Monday. The firm’s 50 day moving average is $7.24 and its 200-day moving average is $6.62. Rolls-Royce Holdings plc has a 12-month low of $3.68 and a 12-month high of $7.68.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Financial Avengers Inc. grew its stake in Rolls-Royce Holdings plc by 13.2% in the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock valued at $152,000 after purchasing an additional 2,500 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Rolls-Royce Holdings plc by 82.0% in the third quarter. GAMMA Investing LLC now owns 18,846 shares of the aerospace company’s stock valued at $133,000 after buying an additional 8,491 shares in the last quarter. Torray Investment Partners LLC bought a new position in shares of Rolls-Royce Holdings plc in the second quarter valued at $286,000. Finally, Rhumbline Advisers increased its holdings in Rolls-Royce Holdings plc by 19.0% during the second quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after buying an additional 13,353 shares during the last quarter. 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.