Short Interest in Royalty Management Holding Co. (NASDAQ:RMCO) Drops By 20.4%

Royalty Management Holding Co. (NASDAQ:RMCO) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 35,200 shares, a decrease of 20.4% from the October 31st total of 44,200 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 16,800 shares, the days-to-cover ratio is currently 2.1 days.

Royalty Management Price Performance

Shares of NASDAQ:RMCO traded up $0.03 during trading on Friday, hitting $1.03. The company’s stock had a trading volume of 2,088 shares, compared to its average volume of 11,711. The company has a 50-day moving average of $1.01 and a 200-day moving average of $0.97. Royalty Management has a 12 month low of $0.70 and a 12 month high of $4.75.

Royalty Management Company Profile

Royalty Management Holding Corporation provides environmental consulting and services in the United States. It is also involved in investing or purchasing assets, such as real estate and mining permits, patents, intellectual property, and emerging technologies. The company was incorporated in 2021 and is based in Fishers, Indiana.