Houston American Energy Co. (NYSEAMERICAN:HUSA) was the recipient of a significant decrease in short interest in the month of September. As of September 28th, there was short interest totalling 3,239,949 shares, a decrease of 0.2% from the September 14th total of 3,246,170 shares. Based on an average daily volume of 1,312,688 shares, the short-interest ratio is presently 2.5 days. Currently, 6.8% of the company’s stock are sold short.
Shares of NYSEAMERICAN HUSA opened at $0.23 on Friday. Houston American Energy has a 1-year low of $0.21 and a 1-year high of $0.55.
Houston American Energy Company Profile
Houston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, and condensate from properties located principally in the Texas Permian Basin and Gulf Coast areas of the United States and South America. Its oil and gas properties are located primarily in the South American country of Colombia; and in the onshore Gulf Coast region of Texas and Louisiana.
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