Royalty Management Holding Co. (NASDAQ:RMCOW) Stock Short Interest Declines 98.0%

Royalty Management Holding Co. (NASDAQ:RMCOW) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 261 shares, a drop of 98.0% from the August 31st total of 12,971 shares. Based on an average daily volume of 8,553 shares, the days-to-cover ratio is presently 0.0 days.

Royalty Management Price Performance

Shares of NASDAQ RMCOW remained flat at $0.16 on Thursday. The stock had a trading volume of 10,556 shares, compared to its average volume of 31,075. Royalty Management has a 52 week low of $0.04 and a 52 week high of $0.33. The company has a 50-day moving average price of $0.17 and a 200 day moving average price of $0.19.

About Royalty Management

Royalty Management Holding Corporation operates as a royalty company that identifies and invests in undervalued assets. It acquires and invests in natural resources, patents, intellectual property, and digital assets. The company was founded in 2021 and is based in Fishers, Indiana.