Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Down 95.7% in August

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 900 shares, a decline of 95.7% from the July 31st total of 21,000 shares. Based on an average trading volume of 57,800 shares, the short-interest ratio is presently 0.0 days.

Hugoton Royalty Trust Price Performance

HGTXU stock traded up $0.03 during mid-day trading on Wednesday, hitting $0.49. 9,678 shares of the stock were exchanged, compared to its average volume of 34,505. Hugoton Royalty Trust has a 12 month low of $0.42 and a 12 month high of $0.79. The business has a fifty day moving average price of $0.50 and a 200 day moving average price of $0.51. The stock has a market capitalization of $19.63 million, a price-to-earnings ratio of 1.71 and a beta of 0.22.

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.