Short Interest in Royalty Management Holding Co. (NASDAQ:RMCOW) Grows By 150.0%

Royalty Management Holding Co. (NASDAQ:RMCOW) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,500 shares, an increase of 150.0% from the August 31st total of 1,400 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.5 days.

Royalty Management Stock Up 31.2%

Shares of RMCOW opened at $0.07 on Friday. Royalty Management has a 52-week low of $0.01 and a 52-week high of $0.08. The firm’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.03.

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.