Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Increases By 28.1%

Hugoton Royalty Trust (OTCMKTS:HGTXU – Get Rating) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 105,300 shares, an increase of 28.1% from the January 31st total of 82,200 shares. Based on an average daily trading volume, of 283,400 shares, the short-interest ratio is presently 0.4 days.

Hugoton Royalty Trust Price Performance

Shares of HGTXU opened at $1.77 on Friday. Hugoton Royalty Trust has a 1-year low of $0.46 and a 1-year high of $3.30. The firm has a 50 day simple moving average of $1.64 and a 200-day simple moving average of $2.01.

Hugoton Royalty Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 14th. Stockholders of record on Tuesday, February 28th will be given a $0.091 dividend. The ex-dividend date of this dividend is Monday, February 27th. This represents a dividend yield of 72.29%. This is an increase from Hugoton Royalty Trust’s previous dividend of $0.05.

Hugoton Royalty Trust Company Profile

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Hugoton Royalty Trust engages in the collection and distribution of monthly net profits to unit holders. The company was founded on December 1, 1998 and is headquartered in Dallas, TX.