Short Interest in Royale Energy, Inc. (OTCMKTS:ROYL) Grows By 7,933.3%

Royale Energy, Inc. (OTCMKTS:ROYL) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 24,100 shares, a growth of 7,933.3% from the February 29th total of 300 shares. Based on an average daily trading volume, of 98,700 shares, the short-interest ratio is presently 0.2 days.

Royale Energy Stock Performance

Royale Energy stock opened at $0.06 on Thursday. The stock has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.03. Royale Energy has a one year low of $0.01 and a one year high of $0.08.

Royale Energy Company Profile

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.