Short Interest in Tgs Asa (OTCMKTS:TGSNF) Grows By 47.8%

Tgs Asa (OTCMKTS:TGSNF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 114,700 shares, a growth of 47.8% from the September 15th total of 77,600 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 286.8 days.

Tgs Asa Stock Performance

TGSNF stock remained flat at $9.50 during midday trading on Monday. Tgs Asa has a twelve month low of $9.50 and a twelve month high of $11.69. The stock’s 50 day simple moving average is $10.66 and its 200-day simple moving average is $10.43.

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.