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

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 900 shares, a drop of 92.3% from the February 13th total of 11,700 shares. Based on an average daily volume of 115,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hugoton Royalty Trust Stock Performance

HGTXU traded down $0.00 on Wednesday, hitting $0.52. The company had a trading volume of 25,665 shares, compared to its average volume of 39,316. The stock has a market capitalization of $20.60 million, a price-to-earnings ratio of 1.91 and a beta of 0.25. The stock has a fifty day moving average price of $0.56 and a 200-day moving average price of $0.52. Hugoton Royalty Trust has a 12-month low of $0.42 and a 12-month high of $0.63.

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.