Royalty Management Holding Co. (NASDAQ:RMCO) Short Interest Update

Royalty Management Holding Co. (NASDAQ:RMCO) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 45,000 shares, a growth of 27.8% from the November 15th total of 35,200 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is presently 3.5 days. Approximately 0.6% of the shares of the stock are sold short.

Royalty Management Stock Up 4.9 %

Shares of RMCO traded up $0.05 during mid-day trading on Friday, hitting $1.07. 49,677 shares of the stock were exchanged, compared to its average volume of 68,229. Royalty Management has a 52-week low of $0.70 and a 52-week high of $4.75. The firm has a 50-day moving average of $1.02 and a two-hundred day moving average of $0.96.

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.