Chesapeake Granite Wash Trust (OTCMKTS:CHKR) Short Interest Update

Chesapeake Granite Wash Trust (OTCMKTS:CHKR) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 11,983 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,729 shares, the short-interest ratio is presently 0.2 days.

Chesapeake Granite Wash Trust Stock Up 1.4%

OTCMKTS CHKR traded up $0.01 on Monday, reaching $0.40. The company had a trading volume of 2,347 shares, compared to its average volume of 33,045. The stock has a market capitalization of $18.55 million, a PE ratio of 5.67 and a beta of 0.19. Chesapeake Granite Wash Trust has a 12 month low of $0.15 and a 12 month high of $0.50. The firm’s 50 day moving average price is $0.37 and its 200 day moving average price is $0.38.

Chesapeake Granite Wash Trust (OTCMKTS:CHKR) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.02 earnings per share for the quarter. Chesapeake Granite Wash Trust had a return on equity of 30.64% and a net margin of 58.92%.

About Chesapeake Granite Wash Trust

Chesapeake Granite Wash Trust is a statutory trust established to hold royalty interests in oil and natural gas properties in the Granite Wash formation of western Oklahoma. The trust is not an operating exploration and production company; instead, it receives royalty payments generated from the sale of hydrocarbons produced from the underlying properties.

The trust’s interests are located primarily in Washita and Custer counties, Oklahoma. Production from the properties includes crude oil, natural gas and natural gas liquids.