Short Interest in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Grows By 1,055.2%

Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,839,600 shares, a growth of 1,055.2% from the February 28th total of 505,500 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 14,481,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Rolls-Royce Holdings plc

A number of large investors have recently bought and sold shares of the company. Financial Avengers Inc. lifted its position in shares of Rolls-Royce Holdings plc by 32.6% during the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after buying an additional 7,000 shares during the last quarter. HighPoint Advisor Group LLC lifted its holdings in Rolls-Royce Holdings plc by 17.0% during the fourth quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock valued at $233,000 after purchasing an additional 4,431 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Rolls-Royce Holdings plc by 60.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock valued at $43,000 after purchasing an additional 2,287 shares during the last quarter. Henry James International Management Inc. increased its stake in shares of Rolls-Royce Holdings plc by 1.6% in the fourth quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock worth $6,962,000 after purchasing an additional 15,436 shares in the last quarter. Finally, SVB Wealth LLC purchased a new position in shares of Rolls-Royce Holdings plc in the fourth quarter worth about $144,000. 0.07% of the stock is owned by hedge funds and other institutional investors.

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Rolls-Royce Holdings plc Stock Down 3.2 %

Shares of Rolls-Royce Holdings plc stock traded down $0.34 on Friday, reaching $10.06. 3,817,023 shares of the company traded hands, compared to its average volume of 3,990,805. The company has a 50 day moving average of $8.82 and a 200 day moving average of $7.73. Rolls-Royce Holdings plc has a 52 week low of $4.83 and a 52 week high of $10.91.

Rolls-Royce Holdings plc Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, June 23rd. Investors of record on Tuesday, April 22nd will be paid a $0.0761 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Citigroup downgraded Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research note on Monday, January 6th. Vertical Research raised shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th.

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.