Tgs Asa (OTCMKTS:TGSGY) Short Interest Update

Tgs Asa (OTCMKTS:TGSGY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,000 shares, a growth of 100.0% from the August 15th total of 500 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is presently 0.2 days.

Tgs Asa Stock Performance

Shares of OTCMKTS:TGSGY traded up $0.06 during midday trading on Friday, hitting $10.00. 1,699 shares of the stock traded hands, compared to its average volume of 16,350. The business’s 50 day moving average is $11.54 and its two-hundred day moving average is $11.40. Tgs Asa has a one year low of $8.96 and a one year high of $15.11.

Tgs Asa Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 19th. Shareholders of record on Monday, July 29th were paid a $0.0924 dividend. This is a boost from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, July 29th. Tgs Asa’s dividend payout ratio (DPR) 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.