Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Declines By 92.2%

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 1,300 shares, a drop of 92.2% from the October 31st total of 16,700 shares. Based on an average trading volume of 65,400 shares, the short-interest ratio is presently 0.0 days.

Hugoton Royalty Trust Stock Performance

HGTXU remained flat at $0.50 on Wednesday. The company had a trading volume of 20,982 shares, compared to its average volume of 34,723. The company has a 50 day moving average price of $0.50 and a two-hundred day moving average price of $0.50. Hugoton Royalty Trust has a fifty-two week low of $0.42 and a fifty-two week high of $0.78. The company has a market cap of $20.20 million, a P/E ratio of 1.87 and a beta of 0.20.

Hugoton Royalty Trust Company Profile

Hugoton Royalty Trust operates as an express trust in the United States. It holds 80% net profits interests in various natural gas producing working interest properties in Kansas, Oklahoma, and Wyoming under conveyances. The company was founded in 1998 and is based in Dallas, Texas.