Royale Energy, Inc. (OTCMKTS:ROYL) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,400 shares, a decrease of 20.0% from the March 31st total of 3,000 shares. Based on an average daily volume of 67,600 shares, the days-to-cover ratio is presently 0.0 days.

ROYL opened at $0.09 on Tuesday. The company’s 50 day moving average is $0.11 and its 200 day moving average is $0.11. Royale Energy has a 12-month low of $0.04 and a 12-month high of $0.22.

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, Colorado, and Louisiana. The company was incorporated in 1986 and is based in El Cajon, California.

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