Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Update

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 8,700 shares, a growth of 14.5% from the May 31st total of 7,600 shares. Based on an average trading volume of 55,200 shares, the days-to-cover ratio is presently 0.2 days.

Hugoton Royalty Trust Stock Performance

HGTXU stock traded down $0.03 during midday trading on Tuesday, reaching $0.46. 23,747 shares of the company’s stock traded hands, compared to its average volume of 34,017. The company has a 50-day moving average price of $0.49 and a two-hundred day moving average price of $0.54. Hugoton Royalty Trust has a 52 week low of $0.42 and a 52 week high of $0.91. The firm has a market capitalization of $18.40 million, a PE ratio of 1.70 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.