Short Interest Update on Royal Bank Of Canada (RY)

Royal Bank Of Canada (RY) : 38 days before expiry, shorts in Royal Bank Of Canada (RY) have reduced from 29,688,655 on Jul 29, 2016, to 29,222,038 on August 15, 2016. On an average, 766,554 shares are traded on the exchange. The outstanding bearish positions are equal to 2% of the float. Short sellers have covered -466,617 shares, a reduction of -1.6%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.

Royal Bank Of Canada (NYSE:RY): The stock opened at $63.98 on Wednesday but the bulls could not build on the opening and the stock topped out at $64.13 for the day. The stock traded down to $63.00 during the day, due to lack of any buying support eventually closed down at $63.38 with a loss of -0.35% for the day. The stock had closed at $63.60 on the previous day. The total traded volume was 1,663,430 shares.


Royal Bank of Canada (RBC) is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. It operates in five segments: Personal & Commercial Banking, which operates comprises its personal and business banking operations, as well as its auto financing and retail investment businesses; Wealth Management, which comprises Canadian Wealth Management, United States and International Wealth Management and Global Asset Management (GAM); Insurance, which operates under two business lines: Canadian Insurance and International Insurance; Investor & Treasury Services, which is a provider of asset servicing, custody, payments and treasury services, and Capital Markets, which comprises two business lines: Corporate and Investment Banking and Global Markets. It operates in three geographic segments: Canada, United States and Other International.

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