Transportadora de Gas del Sur S.A. (NYSE:TGS) Short Interest Up 182.5% in April

Transportadora de Gas del Sur S.A. (NYSE:TGS) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 663,700 shares, an increase of 182.5% from the March 31st total of 234,900 shares. Based on an average daily trading volume, of 272,500 shares, the short-interest ratio is presently 2.4 days. Currently, 1.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TGS shares. TheStreet raised Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a report on Tuesday, January 2nd. StockNews.com cut Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 28th.

Institutional Investors Weigh In On Transportadora de Gas del Sur

Several hedge funds have recently made changes to their positions in TGS. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Transportadora de Gas del Sur by 3.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 219,928 shares of the energy company’s stock worth $2,239,000 after buying an additional 6,787 shares during the period. Cable Hill Partners LLC bought a new position in shares of Transportadora de Gas del Sur during the third quarter valued at $102,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter valued at $25,000. Trium Capital LLP grew its holdings in shares of Transportadora de Gas del Sur by 29.6% in the 3rd quarter. Trium Capital LLP now owns 134,608 shares of the energy company’s stock worth $1,370,000 after purchasing an additional 30,735 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of Transportadora de Gas del Sur during the 3rd quarter worth about $183,000. Institutional investors own 3.29% of the company’s stock.

Transportadora de Gas del Sur Stock Up 4.2 %

TGS traded up $0.68 during trading on Friday, reaching $16.81. 130,274 shares of the stock traded hands, compared to its average volume of 254,305. The stock’s 50-day simple moving average is $14.69 and its two-hundred day simple moving average is $13.76. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.56 and a quick ratio of 3.49. Transportadora de Gas del Sur has a fifty-two week low of $9.50 and a fifty-two week high of $19.95. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 59.57 and a beta of 0.71.

Transportadora de Gas del Sur (NYSE:TGS) last announced its quarterly earnings results on Monday, March 4th. The energy company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.40). The business had revenue of $249.63 million for the quarter, compared to analyst estimates of $227.09 million. Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. As a group, equities research analysts expect that Transportadora de Gas del Sur will post 0.07 EPS for the current year.

Transportadora de Gas del Sur Company Profile

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Other Services; and Telecommunications.