Royalty Management Holding Co. (NASDAQ:RMCO) Short Interest Down 61.7% in March

Royalty Management Holding Co. (NASDAQ:RMCO) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 7,900 shares, a decline of 61.7% from the February 28th total of 20,600 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 22,400 shares, the days-to-cover ratio is currently 0.4 days.

Royalty Management Stock Up 2.2 %

NASDAQ:RMCO traded up $0.02 during trading hours on Friday, reaching $1.14. 19,272 shares of the company’s stock were exchanged, compared to its average volume of 28,110. Royalty Management has a 1-year low of $0.70 and a 1-year high of $1.59. The company has a 50-day moving average of $1.08 and a 200 day moving average of $1.03.

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.