Tgs Asa (OTCMKTS:TGSGY) Sees Significant Decline in Short Interest

Tgs Asa (OTCMKTS:TGSGY) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,900 shares, a decline of 96.2% from the January 15th total of 103,200 shares. Based on an average daily trading volume, of 22,300 shares, the short-interest ratio is currently 0.2 days.

Tgs Asa Stock Performance

Shares of TGSGY traded down $0.37 on Wednesday, reaching $9.71. 6,468 shares of the stock traded hands, compared to its average volume of 16,081. Tgs Asa has a 12 month low of $8.75 and a 12 month high of $13.15. The stock’s 50-day moving average price is $10.28 and its 200-day moving average price is $10.20.

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.