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

Royale Energy, Inc. (OTCMKTS:ROYL) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,100 shares, an increase of 266.7% from the February 13th total of 300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 182,900 shares, the short-interest ratio is presently 0.0 days.

Royale Energy Trading Up 9.5 %

OTCMKTS ROYL traded up $0.00 during trading on Friday, hitting $0.04. 4,169 shares of the company traded hands, compared to its average volume of 33,729. The business has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.05. The company has a market capitalization of $3.17 million, a P/E ratio of -0.90 and a beta of 0.09. Royale Energy has a 12 month low of $0.02 and a 12 month high of $0.08.

About Royale Energy

Royale Energy, Inc acquires, explores for, develops, produces, and sells oil and natural gas properties in the United States. Its principal operations are located in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, Oklahoma, Louisiana, and Colorado. Royale Energy, Inc was incorporated in 1986 and is based in El Cajon, California.