Tgs Asa (OTCMKTS:TGSGY) Short Interest Up 214.9% in December

Tgs Asa (OTCMKTS:TGSGY) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,800 shares, an increase of 214.9% from the December 15th total of 4,700 shares. Based on an average trading volume of 21,400 shares, the short-interest ratio is presently 0.7 days.

Tgs Asa Price Performance

Shares of OTCMKTS:TGSGY traded up $0.09 during trading on Thursday, reaching $11.04. 49,240 shares of the company’s stock traded hands, compared to its average volume of 27,171. Tgs Asa has a fifty-two week low of $8.75 and a fifty-two week high of $13.15. The company has a 50-day simple moving average of $9.85 and a 200-day simple moving average of $10.42.

Tgs Asa Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 4th were issued a $0.1396 dividend. The ex-dividend date of this dividend was Monday, November 4th. This is a boost from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s dividend payout ratio (DPR) is 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.