Tgs Asa (OTCMKTS:TGSGY) Short Interest Down 19.6% in August

Tgs Asa (OTCMKTS:TGSGYGet Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,700 shares, a decrease of 19.6% from the August 15th total of 4,600 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 5.3 days.

Tgs Asa Price Performance

Shares of TGSGY opened at $13.50 on Monday. Tgs Asa has a 12-month low of $11.84 and a 12-month high of $19.69. The firm has a 50-day moving average price of $13.50 and a 200 day moving average price of $14.90.

Tgs Asa Increases Dividend

The business also recently announced a dividend, which was paid on Monday, August 21st. Shareholders of record on Thursday, August 3rd were given a $0.0925 dividend. The ex-dividend date of this dividend was Wednesday, August 2nd. This is a boost from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s dividend payout ratio is presently 45.30%.

Tgs Asa Company Profile

(Get Free Report)

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions.

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