Short Interest to Follow: What’s in San Juan Basin Royalty Trust Ubi (NYSE:SJT) After Rise in Shorted Shares?

November 16, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest to Follow: What’s in San Juan Basin Royalty Trust Ubi (NYSE:SJT) After Rise in Shorted Shares?

The stock of San Juan Basin Royalty Trust Ubi (NYSE:SJT) registered an increase of 9.45% in short interest. SJT’s total short interest was 83,400 shares in November as published by FINRA. Its up 9.45% from 76,200 shares, reported previously. With 94,100 shares average volume, it will take short sellers 1 days to cover their SJT’s short positions. The short interest to San Juan Basin Royalty Trust Ubi’s float is 0.19%. The stock increased 3.81% or $0.22 on November 15, hitting $5.99. San Juan Basin Royalty Trust (NYSE:SJT) has risen 11.55% since April 14, 2016 and is uptrending. It has outperformed by 6.86% the S&P500.

San Juan Basin Royalty Trust is an express trust. The company has a market cap of $283.11 million. The principal asset of the Trust is Royalty. It has a 27.76 P/E ratio. The Company’s underlying properties include the working, royalty and other oil and natural gas interests owned by Southland Royalty Company in properties located in the San Juan Basin of northwestern New Mexico.

Insitutional Activity: The institutional sentiment increased to 0.49 in 2016 Q2. Its up 0.01, from 0.48 in 2016Q1. The ratio is positive, as 9 funds sold all San Juan Basin Royalty Trust shares owned while 26 reduced positions. 9 funds bought stakes while 8 increased positions. They now own 12.00 million shares or 3.83% less from 12.48 million shares in 2016Q1.
Ladenburg Thalmann Financial Ser holds 0% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT) for 1,984 shares. Central National Bank & Trust Trust accumulated 1,591 shares or 0% of the stock. Deutsche National Bank Ag holds 0% or 20,201 shares in its portfolio. Palisade Cap Limited Liability Corp Nj accumulated 0.04% or 150,355 shares. Moreover, Evercore Wealth Limited Liability Corp has 0% invested in San Juan Basin Royalty Trust (NYSE:SJT) for 3,050 shares. Bnp Paribas Arbitrage accumulated 0% or 19 shares. The Texas-based Fcm Invests Tx has invested 0% in San Juan Basin Royalty Trust (NYSE:SJT). Iowa Commercial Bank accumulated 0.01% or 4,080 shares. Diligent Ltd Liability Company has 16,500 shares for 0.11% of their US portfolio. Raymond James Svcs holds 0% or 39,061 shares in its portfolio. Wells Fargo & Company Mn, a California-based fund reported 14,793 shares. Gradient Investments Ltd accumulated 2,374 shares or 0% of the stock. The Colorado-based Amg Bancshares has invested 0.03% in San Juan Basin Royalty Trust (NYSE:SJT). Livingston Gp Asset Management (Operating As Southport Management) accumulated 2,000 shares or 0.01% of the stock. Clearbridge Invests Llc has invested 0% of its portfolio in San Juan Basin Royalty Trust (NYSE:SJT).

SJT Company Profile

San Juan Basin Royalty Trust, incorporated in 1980, is an express trust. The principal asset of the Trust is Royalty. The Company’s Underlying Properties include the working, royalty and other oil and natural gas interests owned by Southland Royalty Company in properties located in the San Juan Basin of northwestern New Mexico. The Trustee of the Trust is Compass Bank, which is a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A. The function of the Trustee is to collect the net proceeds attributable to the Royalty, to pay all expenses and charges of the Trust and distribute the remaining available income to the Unit Holders. The Trust does not operate the Underlying Properties and does not carry on any business activity.

More notable recent San Juan Basin Royalty Trust (NYSE:SJT) news were published by: Prnewswire.com which released: “Egan-Jones Recommends Unitholders of San Juan Basin Royalty Trust (SJT) Vote …” on November 07, 2016, also Prnewswire.com with their article: “Industry Expert Supports Southwest Bank for Successor Trustee of San Juan …” published on November 14, 2016, Businesswire.com published: “San Juan Basin Royalty Trust Announces 2016 Capital Plan” on January 22, 2016. More interesting news about San Juan Basin Royalty Trust (NYSE:SJT) were released by: Marketwatch.com and their article: “San Juan Basin Royalty Trust” published on October 13, 2010 as well as Prnewswire.com‘s news article titled: “San Juan Basin Royalty Trust Unitholders Urged to Call Special Meeting to …” with publication date: September 01, 2016.

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By Hazel Jackson


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