Royal Dutch Shell plc (OTCMKTS:RYDAF) Stock Short Interest Declines 90.1%

Royal Dutch Shell plc (OTCMKTS:RYDAF) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 2,238,399 shares, a decrease of 90.1% from the September 15th total of 22,695,578 shares. Based on an average daily trading volume, of 13,350 shares, the days-to-cover ratio is presently 167.7 days.

Royal Dutch Shell Stock Down 2.4%

Shares of Royal Dutch Shell stock traded down $1.19 during trading on Friday, hitting $47.99. The company’s stock had a trading volume of 6,046 shares, compared to its average volume of 9,609. The company has a fifty day simple moving average of $46.35 and a two-hundred day simple moving average of $44.16. Royal Dutch Shell has a 52 week low of $33.55 and a 52 week high of $50.00.

Royal Dutch Shell Company Profile

Royal Dutch Shell, now known as Shell plc, is a global integrated energy company involved in the exploration, production, processing, trading and marketing of energy products. Its operations include crude oil and natural gas, liquefied natural gas, refined fuels, lubricants, chemicals and petrochemical products.

The company also operates retail fuel stations and provides energy solutions for commercial and industrial customers. Shell has been expanding activities in lower-carbon energy, including renewable power, electric-vehicle charging, hydrogen and carbon-management services, while continuing to serve customers across energy markets worldwide.

Royal Dutch Shell was formed in 2005 through the unification of Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company.