Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Grows By 500.0%

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 31,200 shares, an increase of 500.0% from the September 15th total of 5,200 shares. Based on an average daily volume of 68,000 shares, the short-interest ratio is presently 0.5 days.

Hugoton Royalty Trust Stock Performance

Shares of OTCMKTS:HGTXU remained flat at $0.51 during midday trading on Friday. 18,272 shares of the company traded hands, compared to its average volume of 33,675. The firm has a market capitalization of $20.27 million, a P/E ratio of 1.88 and a beta of 0.18. Hugoton Royalty Trust has a twelve month low of $0.42 and a twelve month high of $0.78. The business has a 50 day moving average of $0.50 and a 200-day moving average of $0.50.

About Hugoton Royalty Trust

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.