Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Down 11.1% in August

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a drop of 11.1% from the August 15th total of 900 shares. Based on an average daily trading volume, of 42,000 shares, the days-to-cover ratio is currently 0.0 days.

Hugoton Royalty Trust Price Performance

HGTXU stock remained flat at $0.49 during trading on Tuesday. The company’s stock had a trading volume of 7,020 shares, compared to its average volume of 32,951. The firm’s 50-day simple moving average is $0.50 and its 200 day simple moving average is $0.51. The firm has a market cap of $19.79 million, a price-to-earnings ratio of 1.83 and a beta of 0.17. Hugoton Royalty Trust has a 1 year low of $0.42 and a 1 year high of $0.78.

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.