Transportadora de Gas del Sur S.A. (NYSE:TGS) Short Interest Update

Transportadora de Gas del Sur S.A. (NYSE:TGS) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 496,500 shares, a decline of 26.8% from the November 15th total of 677,900 shares. Based on an average daily trading volume, of 225,100 shares, the short-interest ratio is presently 2.2 days. Approximately 0.7% of the shares of the stock are short sold.

Transportadora de Gas del Sur Stock Down 1.7 %

Shares of NYSE TGS traded down $0.52 during mid-day trading on Friday, reaching $29.65. The company had a trading volume of 240,950 shares, compared to its average volume of 220,973. The stock has a fifty day moving average of $24.80 and a two-hundred day moving average of $20.83. Transportadora de Gas del Sur has a 12-month low of $11.81 and a 12-month high of $30.88. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64.

Institutional Investors Weigh In On Transportadora de Gas del Sur

Several hedge funds and other institutional investors have recently modified their holdings of TGS. GAMMA Investing LLC lifted its holdings in shares of Transportadora de Gas del Sur by 101.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after acquiring an additional 725 shares during the period. Blue Trust Inc. lifted its stake in Transportadora de Gas del Sur by 97.2% during the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after purchasing an additional 2,090 shares during the period. Virtu Financial LLC acquired a new stake in Transportadora de Gas del Sur during the third quarter valued at approximately $190,000. Mackenzie Financial Corp grew its stake in shares of Transportadora de Gas del Sur by 76.1% in the 2nd quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock valued at $474,000 after purchasing an additional 10,800 shares during the period. Finally, Centiva Capital LP acquired a new position in shares of Transportadora de Gas del Sur in the 3rd quarter worth approximately $251,000. Institutional investors and hedge funds own 3.29% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.