Hugoton Royalty Trust (OTCMKTS:HGTXU – Get Rating) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 86,000 shares, an increase of 7.4% from the March 31st total of 80,100 shares. Based on an average trading volume of 291,900 shares, the short-interest ratio is currently 0.3 days.

Hugoton Royalty Trust Stock Down 4.4 %

HGTXU stock opened at $1.43 on Wednesday. The business has a 50 day moving average of $1.84 and a 200-day moving average of $1.81. Hugoton Royalty Trust has a 12-month low of $1.21 and a 12-month high of $3.30.

Hugoton Royalty Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 12th. Stockholders of record on Friday, April 28th will be issued a $0.0124 dividend. This represents a dividend yield of 8.73%. The ex-dividend date of this dividend is Thursday, April 27th.

Hugoton Royalty Trust Company Profile

(Get Rating)

Hugoton Royalty Trust engages in the collection and distribution of monthly net profits to unit holders. The company was founded on December 1, 1998 and is headquartered in Dallas, TX.

Further Reading

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