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

Hugoton Royalty Trust (OTCMKTS:HGTXUGet Rating) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 12,100 shares, an increase of 95.2% from the March 31st total of 6,200 shares. Based on an average daily volume of 235,600 shares, the short-interest ratio is presently 0.1 days.

Shares of Hugoton Royalty Trust stock opened at $1.42 on Friday. The stock’s 50 day simple moving average is $0.79 and its 200-day simple moving average is $0.42. Hugoton Royalty Trust has a 1-year low of $0.05 and a 1-year high of $1.48.

Hugoton Royalty Trust Company Profile (Get Rating)

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. Hugoton Royalty Trust was founded in 1998 and is based in Dallas, Texas.

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