Dno Asa (OTCMKTS:DTNOF) Sees Large Decline in Short Interest

Dno Asa (OTCMKTS:DTNOF) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 7,600 shares, a decrease of 96.7% from the February 13th total of 231,000 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 38.0 days.

Dno Asa Stock Up 5.9 %

OTCMKTS DTNOF opened at $1.15 on Thursday. Dno Asa has a 12-month low of $0.85 and a 12-month high of $1.19. The firm’s fifty day simple moving average is $1.08 and its two-hundred day simple moving average is $1.04.

Dno Asa Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 14th were issued a $0.3125 dividend. This represents a yield of 7.8%. The ex-dividend date was Thursday, February 13th.

Dno Asa Company Profile

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.