Short Interest in Tgs Asa (OTCMKTS:TGSGY) Decreases By 99.2%

Tgs Asa (OTCMKTS:TGSGY) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,100 shares, a decrease of 99.2% from the March 31st total of 133,700 shares. Based on an average trading volume of 31,000 shares, the days-to-cover ratio is currently 0.0 days.

Tgs Asa Stock Up 0.1 %

OTCMKTS TGSGY traded up $0.01 on Friday, hitting $11.25. 4,912 shares of the company were exchanged, compared to its average volume of 30,479. Tgs Asa has a 12 month low of $8.96 and a 12 month high of $16.10. The stock has a fifty day moving average of $10.84 and a 200-day moving average of $11.64.

Tgs Asa Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 18th. Investors of record on Monday, February 26th were paid a dividend of $0.0924 per share. The ex-dividend date was Friday, February 23rd. This is a positive change from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s dividend payout ratio 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.