Short Interest in Tgs Asa (OTCMKTS:TGSGY) Drops By 99.2%

Tgs Asa (OTCMKTS:TGSGY) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 1,100 shares, a drop of 99.2% from the March 31st total of 133,700 shares. Based on an average trading volume of 31,000 shares, the days-to-cover ratio is currently 0.0 days.

Tgs Asa Stock Up 3.8 %

TGSGY stock traded up $0.42 during trading on Friday, hitting $11.67. 3,166 shares of the company traded hands, compared to its average volume of 30,142. The stock’s 50-day simple moving average is $10.87 and its 200 day simple moving average is $11.63. Tgs Asa has a 1 year low of $8.96 and a 1 year high of $16.10.

Tgs Asa Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 18th. Investors of record on Monday, February 26th were given a dividend of $0.0924 per share. This is a boost from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend was Friday, February 23rd. Tgs Asa’s dividend payout ratio (DPR) is currently 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.