Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Up 550.0% in September

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 5,200 shares, a growth of 550.0% from the August 31st total of 800 shares. Based on an average daily volume of 30,900 shares, the days-to-cover ratio is currently 0.2 days.

Hugoton Royalty Trust Price Performance

Shares of HGTXU stock traded up $0.01 during mid-day trading on Friday, hitting $0.50. The stock had a trading volume of 15,287 shares, compared to its average volume of 32,754. The firm has a market capitalization of $19.92 million, a P/E ratio of 1.84 and a beta of 0.17. Hugoton Royalty Trust has a 12-month low of $0.42 and a 12-month high of $0.78. The firm’s 50-day moving average is $0.50 and its two-hundred day moving average is $0.51.

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.