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

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

Royalty Management Stock Down 1.6 %

NASDAQ:RMCO traded down $0.02 during trading hours on Tuesday, hitting $1.01. The company had a trading volume of 14,370 shares, compared to its average volume of 20,709. Royalty Management has a 1 year low of $0.70 and a 1 year high of $1.85. The company has a 50-day moving average of $1.04 and a 200 day moving average of $0.96.

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.