Short Interest in Houston American Energy Co. (HUSA) Rises By 2.7%

Houston American Energy Co. (NYSEAMERICAN:HUSA) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 3,495,140 shares, a growth of 2.7% from the October 15th total of 3,402,516 shares. Based on an average daily volume of 359,647 shares, the short-interest ratio is currently 9.7 days. Approximately 7.3% of the shares of the stock are short sold.

Shares of HUSA opened at $0.24 on Friday. Houston American Energy has a 52-week low of $0.20 and a 52-week high of $0.55.

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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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