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

Tgs Asa (OTCMKTS:TGSNF) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 170,600 shares, a decrease of 46.1% from the December 31st total of 316,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Tgs Asa Stock Performance

Shares of TGSNF remained flat at $10.40 during trading hours on Thursday. Tgs Asa has a 52-week low of $9.00 and a 52-week high of $11.69. The stock’s 50-day moving average price is $10.08 and its 200 day moving average price is $10.35.

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.