Short Interest in Royalty Management Holding Co. (NASDAQ:RMCOW) Declines By 38.2%

Royalty Management Holding Co. (NASDAQ:RMCOW) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 15,855 shares, a drop 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

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 firm’s fifty day moving average price is $0.17 and its 200 day moving average price is $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.