Royale Energy, Inc. (OTCMKTS:ROYL) Sees Large Growth in Short Interest

Royale Energy, Inc. (OTCMKTS:ROYL) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,100 shares, an increase of 266.7% from the February 13th total of 300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 182,900 shares, the short-interest ratio is currently 0.0 days.

Royale Energy Stock Performance

Shares of Royale Energy stock traded up $0.00 during trading hours on Friday, hitting $0.04. The company’s stock had a trading volume of 4,169 shares, compared to its average volume of 33,729. The firm has a fifty day moving average of $0.05 and a 200-day moving average of $0.05. The stock has a market cap of $3.17 million, a price-to-earnings ratio of -0.90 and a beta of 0.09. Royale Energy has a twelve month low of $0.02 and a twelve month high of $0.08.

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.