Tgs Asa (OTCMKTS:TGSGY) Sees Large Decrease in Short Interest

Tgs Asa (OTCMKTS:TGSGY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 1,665 shares, a decline of 98.0% from the June 15th total of 83,192 shares. Based on an average daily trading volume, of 399,139 shares, the days-to-cover ratio is currently 0.0 days.

Tgs Asa Stock Performance

Tgs Asa stock traded down $0.09 during mid-day trading on Friday, hitting $13.43. 43,981 shares of the company were exchanged, compared to its average volume of 81,505. The business has a fifty day moving average of $15.13 and a 200 day moving average of $12.82. Tgs Asa has a 1-year low of $7.10 and a 1-year high of $17.17.

About Tgs Asa

TGS ASA is a Norway-based provider of geoscience and subsurface data, analytics and insights to the energy and natural resources sectors. The company acquires and processes seismic and geophysical data through multi‐client surveys, turning raw field measurements into interpretable information that supports exploration, development and production decisions. Its product suite encompasses high-resolution imaging, reservoir characterization, and basin evaluation services designed for oil and gas companies as well as emerging offshore wind and geothermal operators.

Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, spanning frontier basins and mature regions worldwide.