Tgs Asa (OTCMKTS:TGSNF) Sees Significant Increase in Short Interest

Tgs Asa (OTCMKTS:TGSNF) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 114,700 shares, an increase of 47.8% from the September 15th total of 77,600 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 286.8 days.

Tgs Asa Price Performance

Shares of Tgs Asa stock opened at $9.50 on Friday. Tgs Asa has a 52-week low of $9.50 and a 52-week high of $11.69. The company has a fifty day moving average of $10.66 and a 200-day moving average of $10.42.

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.