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

by · The Markets Daily

Tgs Asa (OTCMKTS:TGSGY – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 200 shares, a drop of 94.4% from the September 30th total of 3,600 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is currently 0.0 days.

Tgs Asa Price Performance

Shares of OTCMKTS:TGSGY traded up $0.29 during midday trading on Friday, reaching $9.61. 1,867 shares of the company were exchanged, compared to its average volume of 14,792. Tgs Asa has a one year low of $8.75 and a one year high of $14.65. The business’s fifty day moving average is $10.22 and its two-hundred day moving average is $11.18.

Tgs Asa Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 25th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.1396 per share. This is a boost from Tgs Asa’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, November 4th. Tgs Asa’s payout ratio is presently 45.30%.

About Tgs Asa

(Get Free Report)

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.

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