Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) Short Interest Update

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 139,200 shares, a growth of 48.4% from the March 15th total of 93,800 shares. Based on an average trading volume of 223,100 shares, the short-interest ratio is presently 0.6 days.

Gulf Coast Ultra Deep Royalty Trust Trading Up 25.6 %

GULTU opened at $0.03 on Friday. Gulf Coast Ultra Deep Royalty Trust has a 52-week low of $0.01 and a 52-week high of $0.04. The business’s 50-day simple moving average is $0.03 and its 200 day simple moving average is $0.02.

Gulf Coast Ultra Deep Royalty Trust Company Profile

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.