Houston American Energy Co. (HUSA) Sees Large Growth in Short Interest

Houston American Energy Co. (NYSEAMERICAN:HUSA) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,652,426 shares, an increase of 2.9% from the January 15th total of 1,606,033 shares. Currently, 3.4% of the company’s shares are sold short. Based on an average daily volume of 326,727 shares, the days-to-cover ratio is presently 5.1 days.

NYSEAMERICAN HUSA opened at $0.20 on Tuesday. Houston American Energy has a fifty-two week low of $0.17 and a fifty-two week high of $0.47.

Houston American Energy (NYSEAMERICAN:HUSA) last released its earnings results on Tuesday, November 13th. The oil and gas exploration company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.55 million during the quarter.

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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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