Royalty Management Holding Co. (NASDAQ:RMCO) Short Interest Down 23.0% in April

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

Royalty Management Stock Down 6.3 %

NASDAQ RMCO traded down $0.06 during trading hours on Tuesday, reaching $0.87. The company’s stock had a trading volume of 27,370 shares, compared to its average volume of 144,589. Royalty Management has a 52 week low of $0.70 and a 52 week high of $22.97. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.20 and a quick ratio of 0.20. The company’s fifty day simple moving average is $1.20.

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.