Short Interest in Tgs Asa (OTCMKTS:TGSGY) Decreases By 50.0%

Tgs Asa (OTCMKTS:TGSGY) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average trading volume of 28,300 shares, the days-to-cover ratio is presently 0.0 days.

Tgs Asa Price Performance

Shares of TGSGY traded up $0.05 during mid-day trading on Friday, reaching $9.27. The company’s stock had a trading volume of 96,000 shares, compared to its average volume of 21,445. The business has a fifty day moving average of $9.44 and a 200 day moving average of $10.89. Tgs Asa has a 1 year low of $8.75 and a 1 year high of $13.87.

Tgs Asa Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Stockholders of record on Monday, November 4th will be given a dividend of $0.1396 per share. The ex-dividend date is Monday, November 4th. This is a boost from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s dividend payout ratio is 45.30%.

Tgs Asa Company Profile

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.