Short Interest in Royale Energy Inc. (OTCMKTS:ROYL) Increases By 177.1%

Royale Energy Inc. (OTCMKTS:ROYL) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 14,237 shares, a growth of 177.1% from the March 31st total of 5,137 shares. Based on an average trading volume of 136,006 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Royale Energy Stock Performance

Shares of OTCMKTS:ROYL opened at $0.11 on Friday. The stock’s 50-day moving average is $0.08 and its 200-day moving average is $0.05. The company has a market cap of $10.34 million, a P/E ratio of -3.57 and a beta of -0.78. Royale Energy has a 52-week low of $0.02 and a 52-week high of $0.19.

About Royale Energy

Royale Energy Corp. (OTCMKTS: ROYL) is an independent oil and gas exploration and production company focused on the acquisition, development and operation of onshore hydrocarbon properties in the western United States.

The company’s asset portfolio includes producing oil and gas fields in California’s Bakersfield and Santa Maria basins, alongside exploration and appraisal acreage in Utah and Nevada. Royale Energy’s activities span drilling, completion and production optimization, employing both conventional well stimulation and modern recovery techniques.