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

Royale Energy Inc. (OTCMKTS:ROYL) saw a large growth in short interest in 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 trading volume of 94,354 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 94,354 shares, the days-to-cover ratio is currently 0.0 days.

Royale Energy Price Performance

Shares of Royale Energy stock traded down $0.00 on Tuesday, hitting $0.06. The company had a trading volume of 18,485 shares, compared to its average volume of 40,685. The business has a 50-day simple moving average of $0.04 and a 200-day simple moving average of $0.04. The company has a market cap of $6.04 million, a PE ratio of -2.08 and a beta of -0.77. Royale Energy has a 52 week low of $0.02 and a 52 week high of $0.07.

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.