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

Royalty Management Holding Co. (NASDAQ:RMCO) was the target of a large 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. Based on an average trading volume of 16,800 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the company’s shares are short sold.

Royalty Management Trading Up 3.0 %

Shares of RMCO stock opened at $1.03 on Monday. Royalty Management has a 1-year low of $0.70 and a 1-year high of $4.75. The firm’s 50-day simple moving average is $1.01 and its 200-day simple moving average is $0.97.

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.