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

Dno Asa (OTCMKTS:DTNOF) saw 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 days-to-cover ratio is currently 953.5 days.

Dno Asa Stock Performance

DTNOF stock remained flat at $1.22 during midday trading on Thursday. The stock has a fifty day moving average price of $1.12 and a 200 day moving average price of $1.04. Dno Asa has a one year low of $0.85 and a one year high of $1.22.

Dno Asa Dividend Announcement

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.

About Dno Asa

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.