Royalty Management Holding Co. (NASDAQ:RMCO) Sees Large Drop in Short Interest

Royalty Management Holding Co. (NASDAQ:RMCO) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 7,900 shares, a decrease of 61.7% from the February 28th total of 20,600 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 22,400 shares, the short-interest ratio is currently 0.4 days.

Royalty Management Trading Up 2.2 %

NASDAQ:RMCO traded up $0.02 during trading hours on Friday, hitting $1.14. The company’s stock had a trading volume of 19,272 shares, compared to its average volume of 28,110. Royalty Management has a 52-week low of $0.70 and a 52-week high of $1.59. The business’s 50-day moving average is $1.08 and its two-hundred day moving average is $1.03.

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.