Tgs Asa (OTCMKTS:TGSNF) Short Interest Up 201.6% in June

Tgs Asa (OTCMKTS:TGSNF) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,065,800 shares, an increase of 201.6% from the May 31st total of 1,679,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 50,658.0 days.

Tgs Asa Price Performance

TGSNF stock opened at $11.45 on Friday. The firm has a 50-day simple moving average of $9.88 and a two-hundred day simple moving average of $10.62. Tgs Asa has a one year low of $11.45 and a one year high of $11.45.

About Tgs Asa

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.