Hugoton Royalty Trust (OTCMKTS:HGTXU) Short Interest Down 92.8% in December

Hugoton Royalty Trust (OTCMKTS:HGTXU) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 257 shares, a drop of 92.8% from the December 15th total of 3,585 shares. Based on an average daily volume of 93,503 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 93,503 shares, the days-to-cover ratio is currently 0.0 days.

Hugoton Royalty Trust Price Performance

Shares of OTCMKTS:HGTXU opened at $0.30 on Tuesday. Hugoton Royalty Trust has a 1 year low of $0.11 and a 1 year high of $0.62. The business’s 50 day simple moving average is $0.31 and its 200 day simple moving average is $0.34.

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.