Tgs Asa (OTCMKTS:TGSGY) Short Interest Down 94.4% in October

Tgs Asa (OTCMKTS:TGSGY) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 200 shares, a drop of 94.4% from the September 30th total of 3,600 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is presently 0.0 days.

Tgs Asa Trading Up 3.1 %

TGSGY traded up $0.29 on Friday, hitting $9.61. 1,867 shares of the company were exchanged, compared to its average volume of 14,792. The firm has a 50-day moving average price of $10.18 and a two-hundred day moving average price of $11.16. Tgs Asa has a twelve month low of $8.75 and a twelve month high of $14.65.

Tgs Asa Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 25th. Stockholders of record on Monday, November 4th will be given a dividend of $0.1396 per share. The ex-dividend date is Monday, November 4th. This is an increase 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.