Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Update

Hugoton Royalty Trust (OTCMKTS:HGTXU) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,585 shares, an increase of 269.2% from the November 30th total of 971 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 96,174 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 96,174 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hugoton Royalty Trust Price Performance

Shares of Hugoton Royalty Trust stock traded up $0.01 during midday trading on Thursday, reaching $0.31. 25,535 shares of the company’s stock traded hands, compared to its average volume of 33,034. The stock has a 50 day moving average of $0.31 and a 200-day moving average of $0.36. Hugoton Royalty Trust has a 12 month low of $0.11 and a 12 month high of $0.63.

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.