Hugoton Royalty Trust (OTCMKTS:HGTXU – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 252 shares, a decline of 97.2% from the April 15th total of 9,047 shares. Based on an average daily trading volume, of 98,814 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Hugoton Royalty Trust Stock Performance
Shares of OTCMKTS:HGTXU traded down $0.01 during trading on Tuesday, reaching $0.23. 10,500 shares of the company traded hands, compared to its average volume of 46,954. Hugoton Royalty Trust has a 52 week low of $0.11 and a 52 week high of $0.50. The company’s 50 day moving average is $0.23 and its two-hundred day moving average is $0.27.
Hugoton Royalty Trust Company Profile
Hugoton Royalty Trust (OTCMKTS:HGTXU) is a passive oil and gas royalty trust that holds specified overriding royalty interests in producing properties within the Hugoton natural gas field, one of North America’s largest conventional gas accumulations. The trust itself does not conduct exploration or development activities; instead, it collects and distributes a fixed percentage of production revenue generated by thirdâparty operators on its interest acreage.
The primary assets of the trust cover acreage in the Hugoton Field spanning southwestern Kansas, the Texas Panhandle, and adjacent areas of Oklahoma.
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