Short Interest in Dno Asa (OTCMKTS:DTNOF) Grows By 23,000.0%

Dno Asa (OTCMKTS:DTNOF) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 231,000 shares, a growth of 23,000.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 8,400 shares, the short-interest ratio is presently 27.5 days.

Dno Asa Stock Performance

DTNOF stock remained flat at $1.09 during midday trading on Thursday. Dno Asa has a 12 month low of $0.85 and a 12 month high of $1.19. The company’s fifty day simple moving average is $1.03 and its 200 day simple moving average is $1.03.

Dno Asa Announces Dividend

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

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.