Short Interest in Royale Energy, Inc. (OTCMKTS:ROYL) Declines By 77.0%

Royale Energy, Inc. (OTCMKTS:ROYL) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,000 shares, a decrease of 77.0% from the October 15th total of 8,700 shares. Based on an average daily trading volume, of 18,200 shares, the short-interest ratio is currently 0.1 days.

Royale Energy Stock Down 14.8 %

Shares of OTCMKTS ROYL traded down $0.01 during midday trading on Wednesday, reaching $0.05. 11,000 shares of the company traded hands, compared to its average volume of 18,755. Royale Energy has a 12 month low of $0.01 and a 12 month high of $0.08. The stock’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.05.

Royale Energy Company Profile

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.