Tgs Asa (OTCMKTS:TGSGY) Sees Large Growth in Short Interest

Tgs Asa (OTCMKTS:TGSGY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 6,800.0% from the October 31st total of 100 shares. Based on an average daily volume of 194,100 shares, the days-to-cover ratio is currently 0.0 days.

Tgs Asa Trading Down 4.7 %

Shares of OTCMKTS TGSGY traded down $0.47 during trading hours on Wednesday, hitting $9.47. The company had a trading volume of 5,235 shares, compared to its average volume of 28,820. Tgs Asa has a 1-year low of $8.75 and a 1-year high of $13.87. The firm’s 50 day moving average is $9.38 and its 200-day moving average is $10.80.

Tgs Asa Increases Dividend

The business also recently declared a dividend, which was paid on Monday, November 25th. Stockholders of record on Monday, November 4th were paid a $0.1396 dividend. This is a boost from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, November 4th. Tgs Asa’s dividend payout ratio is presently 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.