Hugoton Royalty Trust (OTCMKTS:HGTXU) Sees Significant Increase in Short Interest

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 600 shares, an increase of 20.0% from the March 15th total of 500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 75,000 shares, the days-to-cover ratio is currently 0.0 days.

Hugoton Royalty Trust Trading Up 19.9 %

Shares of HGTXU stock opened at $0.40 on Tuesday. The stock’s fifty day simple moving average is $0.50 and its 200-day simple moving average is $0.52. Hugoton Royalty Trust has a 1-year low of $0.30 and a 1-year high of $0.63. The company has a market capitalization of $16.18 million, a price-to-earnings ratio of 1.50 and a beta of -0.19.

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.