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

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

Royalty Management Price Performance

Shares of NASDAQ:RMCOW traded down $0.02 during trading on Tuesday, reaching $0.18. 250 shares of the company’s stock traded hands, compared to its average volume of 31,870. Royalty Management has a 12 month low of $0.04 and a 12 month high of $0.33. The company has a 50 day moving average of $0.17 and a 200-day 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.