Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Short Interest Update

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 519,700 shares, a growth of 998.7% from the January 31st total of 47,300 shares. Based on an average daily volume of 4,755,500 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. lifted its stake in Rolls-Royce Holdings plc by 60.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company’s stock worth $43,000 after purchasing an additional 2,287 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Rolls-Royce Holdings plc by 152.1% in the fourth quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 3,904 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of Rolls-Royce Holdings plc in the fourth quarter worth about $144,000. Financial Avengers Inc. boosted its stake in Rolls-Royce Holdings plc by 13.2% during the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock valued at $152,000 after buying an additional 2,500 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Rolls-Royce Holdings plc by 35.7% during the fourth quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company’s stock valued at $182,000 after buying an additional 6,727 shares during the last quarter. 0.07% of the stock is owned by hedge funds and other institutional investors.

Rolls-Royce Holdings plc Trading Up 14.3 %

Shares of Rolls-Royce Holdings plc stock traded up $1.15 on Friday, hitting $9.17. 6,691,577 shares of the company traded hands, compared to its average volume of 3,152,484. Rolls-Royce Holdings plc has a 52 week low of $4.59 and a 52 week high of $9.47. The business has a 50-day simple moving average of $7.44 and a 200 day simple moving average of $7.12.

Analyst Ratings Changes

Separately, Citigroup downgraded Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th.

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.