Royalty Management Holding Co. (NASDAQ:RMCO) Short Interest Update

Royalty Management Holding Co. (NASDAQ:RMCO) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 44,200 shares, a decline of 23.0% from the March 31st total of 57,400 shares. Based on an average daily trading volume, of 159,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the shares of the company are sold short.

Royalty Management Trading Up 0.7 %

Shares of NASDAQ:RMCO traded up $0.01 on Friday, hitting $0.96. 7,608 shares of the company were exchanged, compared to its average volume of 36,928. Royalty Management has a 1-year low of $0.90 and a 1-year high of $22.97. The stock has a 50 day moving average price of $1.22. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.20.

About Royalty Management

Royalty Management Holding Corporation operates as a royalty company that identifies and invests in undervalued assets. It acquires and invests in natural resources, patents, intellectual property, and digital assets. The company was founded in 2021 and is based in Fishers, Indiana.