Houston American Energy Co. (HUSA) Sees Significant Increase in Short Interest
Houston American Energy Co. (NYSEAMERICAN:HUSA) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 2,626,692 shares, a growth of 15.1% from the November 15th total of 2,281,381 shares. Currently, 5.7% of the company’s shares are sold short. Based on an average trading volume of 501,300 shares, the days-to-cover ratio is currently 5.2 days.
Shares of Houston American Energy (NYSEAMERICAN:HUSA) traded down $0.03 during trading hours on Monday, reaching $0.32. The company’s stock had a trading volume of 489,194 shares, compared to its average volume of 669,767. Houston American Energy has a 12 month low of $0.18 and a 12 month high of $1.05.
A hedge fund recently raised its stake in Houston American Energy stock. Benchmark Capital Advisors grew its position in shares of Houston American Energy Co. (NYSEAMERICAN:HUSA) by 0.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,582,459 shares of the oil and gas exploration company’s stock after acquiring an additional 4,000 shares during the quarter. Benchmark Capital Advisors owned about 3.09% of Houston American Energy worth $1,187,000 at the end of the most recent quarter.
Houston American Energy Corp. is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties in the United States Gulf Coast region and in South America. The Company’s oil and gas assets and operations are primarily in Colombia and in the onshore Gulf Coast region, particularly Texas and Louisiana.
Receive News & Ratings for Houston American Energy Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houston American Energy Co. and related companies with MarketBeat.com's FREE daily email newsletter.