Royale Energy Inc. (OTCMKTS:ROYL) Short Interest Update

Royale Energy Inc. (OTCMKTS:ROYL) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 5,137 shares, a growth of 102,640.0% from the March 15th total of 5 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 191,815 shares, the short-interest ratio is currently 0.0 days.

Royale Energy Stock Down 9.8%

Shares of OTCMKTS:ROYL traded down $0.01 during trading on Friday, reaching $0.08. 36,207 shares of the company traded hands, compared to its average volume of 67,089. The firm has a fifty day simple moving average of $0.06 and a 200 day simple moving average of $0.05. The firm has a market cap of $7.97 million, a P/E ratio of -2.75 and a beta of -0.78. Royale Energy has a 1-year low of $0.02 and a 1-year high of $0.19.

Royale Energy Company Profile

Royale Energy Corp. (OTCMKTS: ROYL) is an independent oil and gas exploration and production company focused on the acquisition, development and operation of onshore hydrocarbon properties in the western United States.

The company’s asset portfolio includes producing oil and gas fields in California’s Bakersfield and Santa Maria basins, alongside exploration and appraisal acreage in Utah and Nevada. Royale Energy’s activities span drilling, completion and production optimization, employing both conventional well stimulation and modern recovery techniques.