Royale Energy Inc. (OTCMKTS:ROYL) Short Interest Down 99.9% in March

Royale Energy Inc. (OTCMKTS:ROYL) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 5 shares, a drop of 99.9% from the February 26th total of 3,980 shares. Based on an average daily volume of 278,826 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 278,826 shares, the days-to-cover ratio is presently 0.0 days.

Royale Energy Stock Down 5.1%

Shares of Royale Energy stock traded down $0.00 on Tuesday, reaching $0.09. 87,020 shares of the stock were exchanged, compared to its average volume of 111,411. The business has a 50 day moving average price of $0.05 and a two-hundred day moving average price of $0.04. The firm has a market capitalization of $8.28 million, a price-to-earnings ratio of -2.86 and a beta of -0.76. Royale Energy has a twelve month low of $0.02 and a twelve month 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.