Short Interest in Royalty Management Holding Co. (NASDAQ:RMCO) Grows By 27.8%

Royalty Management Holding Co. (NASDAQ:RMCO) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 45,000 shares, an increase of 27.8% from the November 15th total of 35,200 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is presently 3.5 days. Approximately 0.6% of the company’s stock are sold short.

Royalty Management Stock Performance

Royalty Management stock traded down $0.04 during midday trading on Monday, reaching $1.03. The stock had a trading volume of 35,731 shares, compared to its average volume of 68,094. The company has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $0.96. Royalty Management has a 12 month low of $0.70 and a 12 month high of $4.75.

About Royalty Management

Royalty Management Holding Corporation provides environmental consulting and services in the United States. It is also involved in investing or purchasing assets, such as real estate and mining permits, patents, intellectual property, and emerging technologies. The company was incorporated in 2021 and is based in Fishers, Indiana.