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

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a decline of 44.4% from the February 28th total of 900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 103,700 shares, the days-to-cover ratio is presently 0.0 days.

Hugoton Royalty Trust Trading Down 0.1 %

OTCMKTS:HGTXU traded down $0.00 on Friday, hitting $0.50. The company’s stock had a trading volume of 4,584 shares, compared to its average volume of 39,026. Hugoton Royalty Trust has a one year low of $0.42 and a one year high of $0.63. The firm has a market capitalization of $19.99 million, a P/E ratio of 1.85 and a beta of 0.25. The stock has a fifty day moving average of $0.54 and a two-hundred day moving average of $0.53.

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.