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

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

Tgs Asa Trading Up 3.1 %

OTCMKTS TGSGY traded up $0.29 during trading hours on Friday, hitting $9.61. 1,867 shares of the stock were exchanged, compared to its average volume of 14,792. Tgs Asa has a 12-month low of $8.75 and a 12-month high of $14.65. The stock has a 50-day moving average of $10.18 and a 200 day moving average of $11.16.

Tgs Asa Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 25th. Shareholders of record on Monday, November 4th will be issued a $0.1396 dividend. The ex-dividend date of this dividend is Monday, November 4th. This is an increase from Tgs Asa’s previous dividend of $0.09. Tgs Asa’s dividend payout ratio (DPR) is 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.