Tgs Asa (OTCMKTS:TGSGY) Sees Significant Decline in Short Interest

Tgs Asa (OTCMKTS:TGSGY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,567 shares, a decrease of 80.0% from the July 15th total of 7,829 shares. Based on an average trading volume of 84,035 shares, the short-interest ratio is presently 0.0 days.

Tgs Asa Stock Performance

Shares of OTCMKTS TGSGY opened at $14.73 on Wednesday. The stock’s fifty day simple moving average is $14.00 and its 200 day simple moving average is $13.54. Tgs Asa has a 52-week low of $7.10 and a 52-week high of $17.17.

Tgs Asa Company Profile

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.