Short Interest in Transportadora de Gas del Sur S.A. (NYSE:TGS) Drops By 20.0%

Transportadora de Gas del Sur S.A. (NYSE:TGS) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 397,100 shares, a decline of 20.0% from the November 30th total of 496,500 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 247,400 shares, the short-interest ratio is presently 1.6 days.

Transportadora de Gas del Sur Trading Down 1.0 %

NYSE:TGS traded down $0.30 on Tuesday, reaching $29.27. The stock had a trading volume of 156,804 shares, compared to its average volume of 222,340. Transportadora de Gas del Sur has a 12-month low of $11.81 and a 12-month high of $30.88. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 27.10 and a beta of 0.81. The firm’s fifty day moving average is $26.84 and its two-hundred day moving average is $21.76. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 6th.

Hedge Funds Weigh In On Transportadora de Gas del Sur

Institutional investors have recently modified their holdings of the company. GAMMA Investing LLC grew its stake in Transportadora de Gas del Sur by 101.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after acquiring an additional 725 shares during the period. Blue Trust Inc. boosted its holdings in shares of Transportadora de Gas del Sur by 97.2% during the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after purchasing an additional 2,090 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Transportadora de Gas del Sur in the third quarter valued at $190,000. Centiva Capital LP acquired a new position in Transportadora de Gas del Sur in the third quarter valued at $251,000. Finally, XTX Topco Ltd purchased a new position in Transportadora de Gas del Sur during the third quarter worth about $349,000. Institutional investors and hedge funds own 3.29% of the company’s stock.

Transportadora de Gas del Sur Company Profile

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.