Royal Dutch Shell plc (OTCMKTS:RYDAF) Stock Short Interest Falls 90.1%

Royal Dutch Shell plc (OTCMKTS:RYDAF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 2,238,399 shares, a drop of 90.1% from the September 15th total of 22,695,578 shares. Based on an average daily volume of 13,350 shares, the short-interest ratio is currently 167.7 days.

Royal Dutch Shell Stock Down 2.4%

Shares of OTCMKTS RYDAF traded down $1.19 during mid-day trading on Friday, hitting $47.99. The stock had a trading volume of 6,046 shares, compared to its average volume of 9,609. The business has a 50 day moving average price of $46.35 and a two-hundred day moving average price of $44.16. Royal Dutch Shell has a 1 year low of $33.55 and a 1 year high of $50.00.

Royal Dutch Shell Company Profile

Royal Dutch Shell, now known as Shell plc, is a global integrated energy company involved in the exploration, production, processing, trading and marketing of energy products. Its operations include crude oil and natural gas, liquefied natural gas, refined fuels, lubricants, chemicals and petrochemical products.

The company also operates retail fuel stations and provides energy solutions for commercial and industrial customers. Shell has been expanding activities in lower-carbon energy, including renewable power, electric-vehicle charging, hydrogen and carbon-management services, while continuing to serve customers across energy markets worldwide.

Royal Dutch Shell was formed in 2005 through the unification of Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company.