Short Interest in Hugoton Royalty Trust (OTCMKTS:HGTXU) Rises By 742.0%

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 2,164 shares, an increase of 742.0% from the December 31st total of 257 shares. Based on an average trading volume of 58,845 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 58,845 shares, the days-to-cover ratio is currently 0.0 days.

Hugoton Royalty Trust Stock Performance

OTCMKTS HGTXU traded up $0.01 during trading on Wednesday, hitting $0.33. The company’s stock had a trading volume of 29,348 shares, compared to its average volume of 34,692. Hugoton Royalty Trust has a 52 week low of $0.11 and a 52 week high of $0.62. The firm has a 50 day moving average price of $0.30 and a 200 day moving average price of $0.33.

About Hugoton Royalty Trust

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.