Short Interest in Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) Decreases By 9.5%

Gulf Coast Ultra Deep Royalty Trust (OTCMKTS:GULTU) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 93,800 shares, a decrease of 9.5% from the May 31st total of 103,700 shares. Based on an average daily volume of 167,200 shares, the short-interest ratio is currently 0.6 days.

Gulf Coast Ultra Deep Royalty Trust Stock Performance

OTCMKTS:GULTU opened at $0.01 on Wednesday. Gulf Coast Ultra Deep Royalty Trust has a one year low of $0.01 and a one year high of $0.02. The business has a fifty day moving average price of $0.01 and a 200-day moving average price of $0.01.

About Gulf Coast Ultra Deep Royalty Trust

Gulf Coast Ultra Deep Royalty Trust operates as a statutory trust. It holds a 5% gross overriding royalty interest in future production from the McMoRan Oil & Gas LLC inboard lower tertiary/cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.