Pgs Asa (OTCMKTS:PGEJF) Sees Significant Decline in Short Interest

Pgs Asa (OTCMKTS:PGEJF) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,166,200 shares, a decline of 21.8% from the March 31st total of 1,490,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 11,662.0 days.

Pgs Asa Price Performance

Shares of OTCMKTS:PGEJF remained flat at $0.80 on Monday. The business’s fifty day simple moving average is $0.66 and its 200 day simple moving average is $0.75. Pgs Asa has a twelve month low of $0.49 and a twelve month high of $0.92.

About Pgs Asa

PGS ASA, together with its subsidiaries, operates as a marine geophysical company primarily in Norway. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies, as well as carbon storage and offshore wind markets.