Royalty Management Holding Co. (NASDAQ:RMCO) Short Interest Down 63.3% in December

Royalty Management Holding Co. (NASDAQ:RMCO) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 15,600 shares, a decline of 63.3% from the December 15th total of 42,500 shares. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Royalty Management Price Performance

Shares of NASDAQ RMCO traded down $0.02 during midday trading on Tuesday, reaching $1.01. 14,370 shares of the company traded hands, compared to its average volume of 20,709. The stock has a 50-day moving average price of $1.04 and a 200 day moving average price of $0.96. Royalty Management has a 52 week low of $0.70 and a 52 week high of $1.85.

About Royalty Management

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.