Short Interest in Houston American Energy Co. (HUSA) Decreases By 4.9%

Houston American Energy Co. (NYSEAMERICAN:HUSA) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 2,497,012 shares, a decrease of 4.9% from the November 30th total of 2,626,692 shares. Approximately 5.4% of the shares of the stock are short sold. Based on an average trading volume of 545,570 shares, the short-interest ratio is presently 4.6 days.

Shares of Houston American Energy (HUSA) opened at $0.32 on Thursday. Houston American Energy has a one year low of $0.18 and a one year high of $1.05. The stock has a market cap of $18.32, a PE ratio of -5.33 and a beta of 0.18.

A hedge fund recently raised its stake in Houston American Energy stock. Benchmark Capital Advisors boosted its holdings in shares of Houston American Energy Co. (NYSEAMERICAN:HUSA) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,582,459 shares of the oil and gas exploration company’s stock after acquiring an additional 4,000 shares during the period. Benchmark Capital Advisors owned 3.09% of Houston American Energy worth $1,187,000 at the end of the most recent reporting period.

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Houston American Energy Company Profile

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.

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