Short Interest in Royale Energy Inc. (OTCMKTS:ROYL) Increases By 191.6%

Royale Energy Inc. (OTCMKTS:ROYL) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 761 shares, a growth of 191.6% from the December 15th total of 261 shares. Based on an average trading volume of 62,164 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 62,164 shares, the short-interest ratio is presently 0.0 days.

Royale Energy Price Performance

OTCMKTS ROYL remained flat at $0.04 during trading on Thursday. The company’s stock had a trading volume of 193,299 shares, compared to its average volume of 38,144. Royale Energy has a 12-month low of $0.02 and a 12-month high of $0.06. The company has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.04. The firm has a market cap of $3.38 million, a P/E ratio of -1.17 and a beta of -0.90.

Royale Energy (OTCMKTS:ROYL) last posted its quarterly earnings data on Wednesday, November 26th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.59 million for the quarter.

About Royale Energy

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.