Royale Energy, Inc. (OTCMKTS:ROYL) Short Interest Down 77.0% in October

Royale Energy, Inc. (OTCMKTS:ROYL) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 2,000 shares, a drop of 77.0% from the October 15th total of 8,700 shares. Based on an average daily volume of 18,200 shares, the short-interest ratio is currently 0.1 days.

Royale Energy Stock Down 14.8 %

OTCMKTS ROYL traded down $0.01 on Wednesday, reaching $0.05. 11,000 shares of the company’s stock traded hands, compared to its average volume of 18,755. Royale Energy has a 12 month low of $0.01 and a 12 month high of $0.08. The stock has a 50-day simple moving average of $0.05 and a 200 day simple moving average of $0.05.

About Royale Energy

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, Louisiana, and Colorado. Royale Energy, Inc was incorporated in 1986 and is based in El Cajon, California.