Royalty Management Holding Co. (NASDAQ:RMCOW) Stock Short Interest Declines 98.0%

Royalty Management Holding Co. (NASDAQ:RMCOW) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 261 shares, a decrease of 98.0% from the August 31st total of 12,971 shares. Based on an average daily trading volume, of 8,553 shares, the days-to-cover ratio is presently 0.0 days.

Royalty Management Price Performance

RMCOW remained flat at $0.16 during midday trading on Thursday. The company’s stock had a trading volume of 10,556 shares, compared to its average volume of 31,075. Royalty Management has a 52 week low of $0.04 and a 52 week high of $0.33. The firm has a 50-day simple moving average of $0.17 and a 200-day simple moving average of $0.19.

Royalty Management Company Profile

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.