Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Down 92.2% in November

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 1,300 shares, a decline of 92.2% from the October 31st total of 16,700 shares. Based on an average daily volume of 65,400 shares, the days-to-cover ratio is currently 0.0 days.

Hugoton Royalty Trust Stock Performance

Shares of HGTXU remained flat at $0.50 during midday trading on Thursday. The company’s stock had a trading volume of 20,982 shares, compared to its average volume of 34,723. The company’s fifty day moving average is $0.50 and its 200-day moving average is $0.50. The stock has a market capitalization of $20.20 million, a P/E ratio of 1.87 and a beta of 0.20. Hugoton Royalty Trust has a 12 month low of $0.42 and a 12 month high of $0.78.

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.