Royal Bank of Canada RY
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Royal Bank of Canada (RY) Business Model and Operations Summary
Royal Bank of Canada is one of the two largest banks in Canada, with over CAD 2 trillion in assets. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
Key Insights
Royal Bank of Canada (RY) Core Market Data and Business Metrics
Latest Closing Price
$115.11Market Cap
$162.60 BillionTotal Outstanding Shares
1.41 Billion SharesTotal Employees
94,838Dividend
$1.48 Per Share QuarterlyIPO Date
October 16, 1995Primary Exchange
New York Stock Exchange
Historical Stock Splits
If you bought 1 share of RY before April 7, 2006, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| April 7, 2006 | 2-for-1 |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Bi-Weekly Change (%): The percentage change in short interest from the previous bi-weekly period.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 5,984,945 Shares | -7.33% | 3/14/2025 | 4.56 |
| 6,458,136 Shares | -38.85% | 2/28/2025 | 4.32 |
| 10,561,804 Shares | -14.51% | 2/14/2025 | 10.32 |
| 12,354,176 Shares | +78.50% | 1/31/2025 | 8.62 |
| 6,921,126 Shares | +19.88% | 1/15/2025 | 6.05 |
| 5,773,488 Shares | -9.14% | 12/31/2024 | 6.79 |
Historical Dividends
Current dividend: $1.48 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 27, 2025 | May 23, 2025 | Apr 24, 2025 | $1.48 | Quarterly |
| Dec 4, 2024 | Feb 24, 2025 | Jan 27, 2025 | $1.48 | Quarterly |
| Aug 28, 2024 | Nov 22, 2024 | Oct 24, 2024 | $1.42 | Quarterly |
| May 30, 2024 | Aug 23, 2024 | Jul 25, 2024 | $1.42 | Quarterly |
| Feb 28, 2024 | May 24, 2024 | Apr 25, 2024 | $1.38 | Quarterly |
| Nov 30, 2023 | Feb 23, 2024 | Jan 25, 2024 | $1.38 | Quarterly |