Tgs Asa (OTCMKTS:TGSGY) Short Interest Down 61.9% in February

Tgs Asa (OTCMKTS:TGSGY) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,600 shares, a drop of 61.9% from the February 13th total of 4,200 shares. Based on an average daily trading volume, of 8,900 shares, the days-to-cover ratio is currently 0.2 days.

Tgs Asa Stock Up 6.6 %

Tgs Asa stock opened at $9.55 on Friday. Tgs Asa has a one year low of $8.70 and a one year high of $13.15. The business has a fifty day moving average price of $10.19 and a 200-day moving average price of $9.92.

Tgs Asa Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be issued a $0.1559 dividend. This is a positive change from Tgs Asa’s previous dividend of $0.14. The ex-dividend date of this dividend is Monday, March 3rd. Tgs Asa’s dividend payout ratio (DPR) is presently 45.30%.

Tgs Asa Company Profile

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.