Hugoton Royalty Trust (OTCMKTS:HGTXU) Sees Large Growth in Short Interest

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 11,700 shares, an increase of 2,825.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 73,500 shares, the days-to-cover ratio is presently 0.2 days.

Hugoton Royalty Trust Stock Performance

HGTXU stock opened at $0.53 on Friday. The firm has a market cap of $21.20 million, a PE ratio of 1.96 and a beta of 0.26. Hugoton Royalty Trust has a one year low of $0.42 and a one year high of $0.64. The firm’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.52.

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.