Short Interest in Tgs Asa (OTCMKTS:TGSGY) Drops By 76.9%

Tgs Asa (OTCMKTS:TGSGY) saw a large decline in short interest in August. As of August 31st, there was short interest totalling 300 shares, a decline of 76.9% from the August 15th total of 1,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 3.0 days.

Shares of TGSGY stock remained flat at $$10.85 during midday trading on Wednesday. Tgs Asa has a 12-month low of $9.26 and a 12-month high of $18.45. The firm’s fifty day moving average is $11.63 and its 200 day moving average is $14.25.

Tgs Asa Company Profile

TGS ASA engages in the provision of geoscientific data products and services to oil and gas exploration companies. It operates through the following geographical segments: North & South America (NSA), Europe and Russia (EUR), Africal, Middle-East and Asia or Pacific (AMEAP), and Other or Corporate Costs.

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