Short Interest in Royale Energy, Inc. (OTCMKTS:ROYL) Increases By 266.7%

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

Royale Energy Trading Up 9.5 %

Royale Energy stock opened at $0.04 on Friday. The firm has a market capitalization of $3.17 million, a price-to-earnings ratio of -0.90 and a beta of 0.09. The firm’s fifty day moving average price is $0.05 and its two-hundred day moving average price is $0.05. Royale Energy has a 1-year low of $0.02 and a 1-year 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.