Short Interest in Dno Asa (OTCMKTS:DTNOF) Expands By 23,000.0%

Dno Asa (OTCMKTS:DTNOF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 231,000 shares, an increase of 23,000.0% from the January 31st total of 1,000 shares. Based on an average daily trading volume, of 8,400 shares, the days-to-cover ratio is presently 27.5 days.

Dno Asa Price Performance

DTNOF stock opened at $1.09 on Friday. Dno Asa has a 12 month low of $0.85 and a 12 month high of $1.19. The company’s 50-day moving average price is $1.04 and its two-hundred day moving average price is $1.03.

Dno Asa Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 14th were issued a $0.3125 dividend. This represents a yield of 7.8%. The ex-dividend date of this dividend was Thursday, February 13th.

Dno Asa Company Profile

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.