Royale Energy, Inc. (OTCMKTS:ROYL) Short Interest Down 19.2% in May

Royale Energy, Inc. (OTCMKTS:ROYL – Get Rating) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 2,100 shares, a decline of 19.2% from the May 15th total of 2,600 shares. Based on an average trading volume of 39,200 shares, the short-interest ratio is presently 0.1 days.

Shares of OTCMKTS:ROYL remained flat at $$0.08 during trading on Friday. The business’s fifty day simple moving average is $0.08 and its two-hundred day simple moving average is $0.07. Royale Energy has a twelve month low of $0.03 and a twelve month high of $0.19.

About Royale Energy (Get Rating)

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. The company was incorporated in 1986 and is based in El Cajon, California.

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