Houston American Energy Co. (NYSEAMERICAN:HUSA) saw a large decline in short interest during the month of September. As of September 14th, there was short interest totalling 3,246,170 shares, a decline of 0.4% from the August 31st total of 3,258,056 shares. Approximately 6.8% of the company’s shares are short sold. Based on an average trading volume of 289,059 shares, the short-interest ratio is currently 11.2 days.
Shares of NYSEAMERICAN HUSA remained flat at $$0.23 during midday trading on Friday. The stock had a trading volume of 246,831 shares, compared to its average volume of 556,549. Houston American Energy has a 12 month low of $0.21 and a 12 month high of $0.55.
About Houston American Energy
Houston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, and condensate from properties located principally in the Texas Permian Basin and Gulf Coast areas of the United States and South America. Its oil and gas properties are located primarily in the South American country of Colombia; and in the onshore Gulf Coast region of Texas and Louisiana.
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