Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Drops By 44.4%

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 500 shares, a decrease of 44.4% from the February 28th total of 900 shares. Based on an average trading volume of 103,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Hugoton Royalty Trust Trading Up 2.0 %

OTCMKTS:HGTXU traded up $0.01 during midday trading on Friday, reaching $0.51. The company had a trading volume of 1,133 shares, compared to its average volume of 38,379. The stock’s fifty day simple moving average is $0.54 and its 200-day simple moving average is $0.53. The firm has a market capitalization of $20.38 million, a price-to-earnings ratio of 1.89 and a beta of 0.25. Hugoton Royalty Trust has a 12-month low of $0.42 and a 12-month high of $0.63.

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.