Tgs Asa (OTCMKTS:TGSNF) Sees Large Growth in Short Interest

Tgs Asa (OTCMKTS:TGSNFGet Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,007,856 shares, a growth of 193.3% from the June 15th total of 343,595 shares. Based on an average trading volume of 725 shares, the days-to-cover ratio is currently 1,390.1 days.

Tgs Asa Stock Performance

Shares of TGSNF remained flat at $13.90 during mid-day trading on Monday. 80 shares of the stock traded hands, compared to its average volume of 932. Tgs Asa has a 1-year low of $7.00 and a 1-year high of $17.70. The company has a fifty day moving average of $15.27 and a 200-day moving average of $12.94.

Tgs Asa Company Profile

(Get Free Report)

TGS ASA is a global provider of geoscience data and intelligence, serving the oil and gas industry with a focus on multi-client subsurface information. Headquartered in Oslo, Norway, the company specializes in the acquisition, processing and interpretation of marine and onshore seismic data. Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, covering key hydrocarbon basins around the world.

The company’s core services include 2D and 3D seismic surveys, electromagnetic (EM) studies, gravity and magnetic data, well logs and related geological and geophysical products.

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