Rolls-Royce Holdings plc (OTCMKTS:RYCEY – Get Free Report) saw a large 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 short-interest ratio is currently 0.1 days.
Wall Street Analyst Weigh In
Separately, Citigroup cut shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th.
Read Our Latest Stock Report on RYCEY
Hedge Funds Weigh In On Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Stock Up 1.0 %
Shares of OTCMKTS:RYCEY traded up $0.08 during trading on Thursday, reaching $8.02. 3,676,961 shares of the stock were exchanged, compared to its average volume of 3,056,834. Rolls-Royce Holdings plc has a 12-month low of $4.49 and a 12-month high of $8.29. The firm’s 50-day moving average price is $7.40 and its 200 day moving average price is $7.10.
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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