Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Down 44.4% in March

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

Hugoton Royalty Trust Price Performance

OTCMKTS:HGTXU traded down $0.00 on Friday, hitting $0.50. 4,584 shares of the company’s stock were exchanged, compared to its average volume of 39,026. The firm has a 50-day moving average price of $0.54 and a 200-day moving average price of $0.53. Hugoton Royalty Trust has a 52 week low of $0.42 and a 52 week high of $0.63. The company has a market cap of $19.99 million, a P/E ratio of 1.85 and a beta of 0.25.

Hugoton Royalty Trust Company Profile

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.