Dno Asa (OTCMKTS:DTNOF) Short Interest Update

Dno Asa (OTCMKTS:DTNOF) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 7,600 shares, a drop of 96.7% from the February 13th total of 231,000 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 38.0 days.

Dno Asa Stock Performance

OTCMKTS DTNOF remained flat at $1.15 on Friday. The stock’s fifty day moving average is $1.08 and its 200-day moving average is $1.04. Dno Asa has a 52-week low of $0.85 and a 52-week high of $1.19.

Dno Asa Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 14th were given a dividend of $0.3125 per share. This represents a dividend yield of 7.8%. The ex-dividend date was Thursday, February 13th.

Dno Asa Company Profile

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.