Tgs Asa (OTCMKTS:TGSGY) Short Interest Down 94.4% in October

Tgs Asa (OTCMKTS:TGSGY) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decrease of 94.4% from the September 30th total of 3,600 shares. Based on an average trading volume of 12,500 shares, the days-to-cover ratio is presently 0.0 days.

Tgs Asa Stock Performance

Tgs Asa stock traded up $0.29 during mid-day trading on Friday, hitting $9.61. The company had a trading volume of 1,867 shares, compared to its average volume of 14,792. Tgs Asa has a 1 year low of $8.75 and a 1 year high of $14.65. The business has a fifty day moving average of $10.18 and a 200 day moving average of $11.16.

Tgs Asa Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, November 25th. Investors of record on Monday, November 4th will be paid a dividend of $0.1396 per share. This is a positive change from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, November 4th. Tgs Asa’s dividend payout ratio (DPR) is currently 45.30%.

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.