Dno Asa (OTCMKTS:DTNOF) Short Interest Update

Dno Asa (OTCMKTS:DTNOF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 190,700 shares, a growth of 2,409.2% from the February 28th total of 7,600 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 953.5 days.

Dno Asa Price Performance

OTCMKTS DTNOF opened at $1.22 on Friday. The stock’s fifty day moving average price is $1.12 and its 200 day moving average price is $1.04. Dno Asa has a 1 year low of $0.85 and a 1 year high of $1.22.

Dno Asa Announces Dividend

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

About Dno Asa

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.