Tgs Asa (OTCMKTS:TGSGY) Short Interest Down 61.9% in February

Tgs Asa (OTCMKTS:TGSGY) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,600 shares, a drop of 61.9% from the February 13th total of 4,200 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 0.2 days.

Tgs Asa Stock Up 6.6 %

Shares of TGSGY opened at $9.55 on Friday. The stock has a 50 day moving average of $10.19 and a 200 day moving average of $9.92. Tgs Asa has a 12 month low of $8.70 and a 12 month high of $13.15.

Tgs Asa Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 3rd will be given a $0.1559 dividend. This is an increase from Tgs Asa’s previous dividend of $0.14. The ex-dividend date of this dividend is Monday, March 3rd. Tgs Asa’s dividend payout ratio (DPR) 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.