Short Interest in Dno Asa (OTCMKTS:DTNOF) Rises By 2,409.2%

Dno Asa (OTCMKTS:DTNOF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 190,700 shares, a growth of 2,409.2% from the February 28th total of 7,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 953.5 days.

Dno Asa Price Performance

Shares of DTNOF remained flat at $1.22 during mid-day trading on Thursday. The business has a 50-day moving average of $1.12 and a 200 day moving average of $1.04. Dno Asa has a 12 month low of $0.85 and a 12 month high of $1.22.

Dno Asa Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 14th were paid 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.