Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Update

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 22,300 shares, an increase of 395.6% from the February 29th total of 4,500 shares. Based on an average daily trading volume, of 48,300 shares, the short-interest ratio is currently 0.5 days.

Hugoton Royalty Trust Price Performance

Shares of OTCMKTS:HGTXU opened at $0.52 on Friday. Hugoton Royalty Trust has a 1 year low of $0.43 and a 1 year high of $2.21. The business’s 50 day simple moving average is $0.54 and its 200 day simple moving average is $0.58.

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.