Royalty Management Holding Co. (NASDAQ:RMCOW) Short Interest Down 38.2% in August

Royalty Management Holding Co. (NASDAQ:RMCOW) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 15,855 shares, a decrease of 38.2% from the July 30th total of 25,665 shares. Based on an average daily volume of 21,594 shares, the short-interest ratio is currently 0.7 days.

Royalty Management Stock Performance

Shares of NASDAQ RMCOW opened at $0.20 on Monday. Royalty Management has a 12-month low of $0.04 and a 12-month high of $0.33. The stock 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.