Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Rises By 269.2%

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 3,585 shares, a growth of 269.2% from the November 30th total of 971 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 96,174 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 96,174 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hugoton Royalty Trust Stock Performance

Hugoton Royalty Trust stock traded up $0.00 during midday trading on Friday, reaching $0.31. 3,718 shares of the stock were exchanged, compared to its average volume of 35,676. Hugoton Royalty Trust has a 52 week low of $0.11 and a 52 week high of $0.63. The company’s fifty day moving average is $0.31 and its 200-day moving average is $0.36.

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 third‐party 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.