Short Interest in Tgs Asa (OTCMKTS:TGSGY) Increases By 68.2%

Tgs Asa (OTCMKTS:TGSGYGet Rating) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,700 shares, an increase of 68.2% from the April 30th total of 2,200 shares. Based on an average daily volume of 101,800 shares, the days-to-cover ratio is currently 0.0 days.

Shares of Tgs Asa stock opened at $16.55 on Friday. Tgs Asa has a 1 year low of $9.22 and a 1 year high of $19.99. The company has a 50 day simple moving average of $15.68 and a two-hundred day simple moving average of $12.34.

The firm also recently declared a dividend, which will be paid on Monday, June 13th. Shareholders of record on Friday, May 27th will be paid a dividend of $0.0918 per share. This represents a dividend yield of 2.51%. The ex-dividend date is Thursday, May 26th.

About Tgs Asa (Get Rating)

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions.

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