Hugoton Royalty Trust (OTCMKTS:HGTXU) Sees Significant Increase in Short Interest

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 9,400 shares, a growth of 1,466.7% from the March 31st total of 600 shares. Based on an average trading volume of 45,300 shares, the short-interest ratio is currently 0.2 days.

Hugoton Royalty Trust Price Performance

OTCMKTS HGTXU opened at $0.50 on Friday. Hugoton Royalty Trust has a 1 year low of $0.43 and a 1 year high of $1.55. The company has a fifty day moving average of $0.54 and a two-hundred day moving average of $0.55. The company has a market capitalization of $20.15 million, a PE ratio of 1.87 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.