Tgs Asa (OTCMKTS:TGSGY – Get 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.
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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