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

Hugoton Royalty Trust (OTCMKTS:HGTXU – Get Rating) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 54,300 shares, an increase of 348.8% from the April 15th total of 12,100 shares. Based on an average daily volume of 178,300 shares, the days-to-cover ratio is currently 0.3 days.

Shares of Hugoton Royalty Trust stock opened at $1.43 on Thursday. Hugoton Royalty Trust has a 52-week low of $0.05 and a 52-week high of $1.67. The company’s 50-day simple moving average is $0.96 and its 200-day simple moving average is $0.50.

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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