Short Interest in Tgs Asa (OTCMKTS:TGSNF) Grows By 101.6%

Tgs Asa (OTCMKTS:TGSNF) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 77,600 shares, an increase of 101.6% from the August 31st total of 38,500 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 110.9 days.

Tgs Asa Stock Performance

TGSNF remained flat at $9.55 during trading on Thursday. 68 shares of the company’s stock were exchanged, compared to its average volume of 1,400. The company has a 50 day simple moving average of $11.19 and a 200-day simple moving average of $10.42. Tgs Asa has a twelve month low of $9.55 and a twelve month high of $11.69.

About Tgs Asa

TGS ASA provides geoscience data 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. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.