Short Interest in Tgs Asa (OTCMKTS:TGSGY) Increases By 150.0%

Tgs Asa (OTCMKTS:TGSGY) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 500 shares, an increase of 150.0% from the July 31st total of 200 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is currently 0.1 days.

Tgs Asa Trading Down 3.3 %

Shares of OTCMKTS:TGSGY traded down $0.43 during trading on Wednesday, reaching $12.39. 2,118 shares of the stock were exchanged, compared to its average volume of 17,128. Tgs Asa has a 12 month low of $8.96 and a 12 month high of $15.11. The stock has a 50-day moving average price of $11.84 and a 200-day moving average price of $11.33.

Tgs Asa Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 19th. Stockholders of record on Monday, July 29th were issued a dividend of $0.0924 per share. The ex-dividend date was Monday, July 29th. This is a boost from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s payout ratio is currently 45.30%.

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.