Royale Energy Inc. (OTCMKTS:ROYL) Short Interest Up 712.2% in February

Royale Energy Inc. (OTCMKTS:ROYL) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,980 shares, a growth of 712.2% from the February 12th total of 490 shares. Based on an average daily volume of 94,354 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 94,354 shares, the days-to-cover ratio is presently 0.0 days.

Royale Energy Price Performance

Shares of ROYL stock traded down $0.00 during trading hours on Tuesday, reaching $0.06. 18,485 shares of the company’s stock were exchanged, compared to its average volume of 40,685. Royale Energy has a 1 year low of $0.02 and a 1 year high of $0.07. The company’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.04. The company has a market cap of $6.04 million, a P/E ratio of -2.08 and a beta of -0.77.

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.