Short Interest in Tgs Asa (OTCMKTS:TGSGY) Grows By 6,800.0%

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

Tgs Asa Stock Performance

Shares of Tgs Asa stock opened at $9.65 on Friday. The company’s 50 day moving average is $9.36 and its 200 day moving average is $10.78. Tgs Asa has a twelve month low of $8.75 and a twelve month high of $13.87.

Tgs Asa Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 4th were given a dividend of $0.1396 per share. This is an increase from Tgs Asa’s previous dividend of $0.09. The ex-dividend date was Monday, November 4th. Tgs Asa’s dividend payout ratio is 45.30%.

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.