Houston American Energy Co. (NYSEAMERICAN:HUSA) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 3,258,056 shares, a decline of 1.9% from the August 15th total of 3,321,401 shares. Based on an average daily trading volume, of 178,964 shares, the days-to-cover ratio is currently 18.2 days. Approximately 6.8% of the company’s stock are short sold.

Shares of NYSEAMERICAN:HUSA opened at $0.22 on Friday. Houston American Energy has a one year low of $0.21 and a one year high of $0.56.

Houston American Energy Company Profile

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.

Further Reading: Book Value Per Share in Stock Trading

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