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

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

Royalty Management Trading Down 0.1 %

Shares of RMCO stock traded down $0.00 during trading hours on Friday, hitting $1.11. 20,774 shares of the company were exchanged, compared to its average volume of 28,162. The firm has a fifty day simple moving average of $1.08 and a 200 day simple moving average of $1.03. Royalty Management has a 52-week low of $0.70 and a 52-week high of $1.59.

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.