Short Interest in Tgs Asa (OTCMKTS:TGSNF) Grows By 193.3%

Tgs Asa (OTCMKTS:TGSNFGet Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,007,856 shares, a growth of 193.3% from the June 15th total of 343,595 shares. Based on an average daily volume of 725 shares, the short-interest ratio is presently 1,390.1 days.

Tgs Asa Stock Performance

Shares of TGSNF opened at $13.90 on Wednesday. Tgs Asa has a 12 month low of $7.00 and a 12 month high of $17.70. The firm has a fifty day simple moving average of $15.16 and a 200 day simple moving average of $13.01.

About Tgs Asa

(Get Free Report)

TGS ASA is a global provider of geoscience data and intelligence, serving the oil and gas industry with a focus on multi-client subsurface information. Headquartered in Oslo, Norway, the company specializes in the acquisition, processing and interpretation of marine and onshore seismic data. Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, covering key hydrocarbon basins around the world.

The company’s core services include 2D and 3D seismic surveys, electromagnetic (EM) studies, gravity and magnetic data, well logs and related geological and geophysical products.

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