Royal Dutch Shell plc (OTCMKTS:RYDAF) Sees Large Drop in Short Interest

Royal Dutch Shell plc (OTCMKTS:RYDAF) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 716,514 shares, a drop of 22.5% from the March 15th total of 924,309 shares. Based on an average trading volume of 27,969 shares, the short-interest ratio is currently 25.6 days.

Royal Dutch Shell Price Performance

RYDAF stock opened at $45.58 on Wednesday. The stock has a 50-day moving average price of $42.44 and a 200-day moving average price of $38.65. Royal Dutch Shell has a 1-year low of $29.52 and a 1-year high of $47.90.

About Royal Dutch Shell

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Oil Products, Chemicals and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products. The Upstream segment manages the exploration for and extraction of crude oil, natural gas, and natural gas liquids. The Oil Products segment manages the Refining and Trading, and Marketing classes of business.