Tgs Asa (OTCMKTS:TGSGY) Short Interest Update

Tgs Asa (OTCMKTS:TGSGY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 4,700 shares, a decrease of 31.9% from the November 30th total of 6,900 shares. Based on an average daily trading volume, of 31,700 shares, the short-interest ratio is currently 0.1 days.

Tgs Asa Stock Up 5.2 %

Tgs Asa stock opened at $10.26 on Friday. Tgs Asa has a fifty-two week low of $8.75 and a fifty-two week high of $13.71. The stock’s 50 day simple moving average is $9.53 and its two-hundred day simple moving average is $10.51.

Tgs Asa Increases Dividend

The company also recently declared a dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 4th were given a dividend of $0.1396 per share. The ex-dividend date of this dividend was Monday, November 4th. This is a positive change from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s 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.