Royale Energy Short Interest Ratio and Short Volume

Short interest is the volume of Royale Energy shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 2,400 shares of ROYL short.

Royale Energy saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,400 shares, a decline of 20.0% from the previous total of 3,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of Royale Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "crude petroleum & natural gas" compare to Royale Energy: New Concept Energy, Inc. (4.30%), Gulfport Energy Co. (0.00%), U.S. Energy Corp. (5.27%), Abraxas Petroleum Co. (7.33%), Mexco Energy Co. (2.18%), Camber Energy, Inc. (0.00%), Houston American Energy Corp. (4.44%), ECA Marcellus Trust I (0.00%), Blue Dolphin Energy (0.00%), and Deep Well Oil & Gas, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling ROYL is an investing strategy that aims to generate trading profit from Royale Energy as its price is falling. Royale Energy's stock is trading up $0.01 today. To short Royale Energy stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Royale Energy will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Royale Energy occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ROYL, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ROYL, twice per month. The most recent reporting period available is April, 15 2021.