PermRock Royalty Trust Trust Unit closed at $1.97 on Sep 28, down 1.99%, 50.5% below its 52-week closing high. Volume of 37.6K shares was 1.42× its 20-day average (above normal).
Split-adjusted performance: -11.7% over one month, -40.7% over six months, -50.4% over one year.
In the quarter ended Mar 31, 2023, revenue was $2.37M, down 15.1% from a year earlier, with a net margin of 93.1%.
Short interest was 55.0K shares at the Sep 15 settlement, down 3.8% from the prior report (1.9 days to cover).