Royale Energy Inc. (OTCMKTS:ROYL) Sees Large Increase in Short Interest

Royale Energy Inc. (OTCMKTS:ROYL) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 3,980 shares, a growth of 712.2% from the February 12th total of 490 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 94,354 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 94,354 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Royale Energy Trading Up 9.3%

Shares of Royale Energy stock opened at $0.07 on Thursday. Royale Energy has a twelve month low of $0.02 and a twelve month high of $0.08. The firm has a market capitalization of $6.60 million, a PE ratio of -2.28 and a beta of -0.76. The firm’s 50-day moving average price is $0.04 and its 200 day moving average price is $0.04.

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.