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
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.
- Get a free copy of the StockNews.com research report on Hugoton Royalty Trust (HGTXU)
- MarketBeat Week in Review – 2/27 – 3/3
- The 3 Most Upgraded Stocks Are Reversing
- How to Find Blue Chip Dividend Stocks
- Zscaler, Inc Plummets, Is It Time To Buy The Dip?
- What is a Good Dividend Yield? How to Decide
Receive News & Ratings for Hugoton Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hugoton Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.