Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Update

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 256 shares, a drop of 40.3% from the January 29th total of 429 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 106,736 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 106,736 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hugoton Royalty Trust Stock Down 6.2%

Shares of HGTXU stock opened at $0.23 on Friday. The company has a 50 day simple moving average of $0.28 and a two-hundred day simple moving average of $0.32. Hugoton Royalty Trust has a 12 month low of $0.11 and a 12 month high of $0.55.

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.