Royale Energy Inc. (OTCMKTS:ROYL) Short Interest Down 33.6% in January

Royale Energy Inc. (OTCMKTS:ROYL) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 505 shares, a decline of 33.6% from the December 31st total of 761 shares. Based on an average daily volume of 67,302 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 67,302 shares, the days-to-cover ratio is currently 0.0 days.

Royale Energy Stock Down 0.3%

Shares of ROYL stock opened at $0.04 on Friday. Royale Energy has a 12 month low of $0.02 and a 12 month high of $0.05. The company has a market cap of $3.57 million, a PE ratio of -1.23 and a beta of -0.90. The business’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.04.

Royale Energy (OTCMKTS:ROYL) last posted its quarterly earnings data on Wednesday, November 26th. The oil and gas producer reported ($0.01) earnings per share for the quarter. The company had revenue of $0.59 million during the quarter.

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.