Houston American Energy Co. (NYSEAMERICAN:HUSA) was the recipient of a large increase in short interest in June. As of June 29th, there was short interest totalling 3,080,699 shares, an increase of 2.5% from the June 15th total of 3,005,056 shares. Based on an average daily volume of 1,970,473 shares, the days-to-cover ratio is currently 1.6 days. Currently, 6.7% of the company’s shares are sold short.

HUSA traded up $0.01 on Wednesday, reaching $0.26. 517,352 shares of the company’s stock were exchanged, compared to its average volume of 569,404. Houston American Energy has a twelve month low of $0.22 and a twelve month high of $0.76.

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.

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