TGS NOPEC GEOPHYSICAL CO ASA ORDINARY SH (OTCMKTS:TGSNF) Shorted Shares Decreased By 58.06%

TGS-NOPEC Geophysical Company ASA (OTCMKTS:TGSNF) Corporate Logo

TGS NOPEC GEOPHYSICAL CO ASA ORDINARY SH (OTCMKTS:TGSNF) had a decrease of its shares shorted by 58.06%. In November was announced TGSNF’s total 16,900 shares shorted by FINRA. The down change of 58.06% from 40,300 shares was reported. 169 days will cost TGSNF with 100 average volume to restore its previous position.

At traded at $32.75 lastly.Since November 10, 2017 it’s 0.00% down thus . TGSNF underperformed the S&P 500 by 15.62%.

TGS-NOPEC Geophysical Company ASA provides geoscientific data services and products to the gas and oil industry worldwide.The company has $3.19 billion market cap. The firm offers geophysical multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal core, controlled source electromagnetic, and multi-beam data.The P/E ratio is 37.43. It also provides geologic services comprising digital well logs; and interpretation studies and services that integrate seismic, well log, bio-stratigraphic, core, and other geoscientific data to support hydrocarbon exploration.

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