Tgs Asa (OTCMKTS:TGSNF) Sees Large Increase in Short Interest

Tgs Asa (OTCMKTS:TGSNF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 276,800 shares, an increase of 96.5% from the October 15th total of 140,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2,768.0 days.

Tgs Asa Stock Down 8.8 %

OTCMKTS:TGSNF traded down $0.87 during mid-day trading on Friday, reaching $9.00. 876 shares of the company were exchanged, compared to its average volume of 968. The company has a fifty day moving average of $9.74 and a 200 day moving average of $10.46. Tgs Asa has a 12 month low of $9.00 and a 12 month high of $11.69.

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.