Short Interest in Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) Increases By 92.8%

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 188,800 shares, an increase of 92.8% from the November 15th total of 97,900 shares. Based on an average daily trading volume, of 15,760,500 shares, the short-interest ratio is presently 0.0 days.

Gulf Coast Ultra Deep Royalty Trust Stock Down 4.6 %

Gulf Coast Ultra Deep Royalty Trust stock traded down $0.00 on Thursday, reaching $0.03. 110,772 shares of the stock were exchanged, compared to its average volume of 466,110. The firm has a fifty day moving average price of $0.02 and a two-hundred day moving average price of $0.01. Gulf Coast Ultra Deep Royalty Trust has a twelve month low of $0.01 and a twelve month high of $0.04.

About Gulf Coast Ultra Deep Royalty Trust

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.