Royal Dutch Shell plc (OTCMKTS:RYDAF) Stock Short Interest Rises 69.7%

by · The Cerbat Gem

Royal Dutch Shell plc (OTCMKTS:RYDAF – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 22,695,578 shares, an increase of 69.7% from the August 31st total of 13,371,314 shares. Based on an average trading volume of 8,562 shares, the days-to-cover ratio is presently 2,650.7 days.

Royal Dutch Shell Stock Up 0.7%

Royal Dutch Shell stock traded up $0.31 during trading hours on Thursday, hitting $47.50. 404 shares of the stock traded hands, compared to its average volume of 9,467. The firm’s 50 day moving average price is $45.79 and its 200-day moving average price is $44.03. Royal Dutch Shell has a 1 year low of $33.55 and a 1 year high of $49.85.

About Royal Dutch Shell

(Get Free Report)

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.

Featured Stories