Tgs Asa (OTCMKTS:TGSNF) Short Interest Up 206.6% in June

Tgs Asa (OTCMKTS:TGSNFGet Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 343,595 shares, a growth of 206.6% from the May 31st total of 112,072 shares. Based on an average trading volume of 559 shares, the days-to-cover ratio is presently 614.7 days.

Tgs Asa Stock Down 5.9%

Shares of Tgs Asa stock opened at $13.34 on Friday. The business has a fifty day simple moving average of $15.66 and a two-hundred day simple moving average of $12.59. Tgs Asa has a 1 year low of $7.00 and a 1 year high of $17.70.

Tgs Asa Company Profile

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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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