Short Interest in Royale Energy, Inc. (OTCMKTS:ROYL) Drops By 75.0%

Royale Energy, Inc. (OTCMKTS:ROYLGet Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 500 shares, a drop of 75.0% from the November 15th total of 2,000 shares. Based on an average daily trading volume, of 11,100 shares, the short-interest ratio is presently 0.0 days.

Royale Energy Stock Performance

Shares of OTCMKTS:ROYL remained flat at $0.06 during trading on Wednesday. The stock had a trading volume of 8,502 shares, compared to its average volume of 17,764. The company has a market capitalization of $4.23 million, a P/E ratio of -1.20 and a beta of 0.04. Royale Energy has a fifty-two week low of $0.01 and a fifty-two week high of $0.08. The company has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05.

About Royale Energy

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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.

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