Today’s Stock On Watch: A Reversal for Transglobe Energy Corporation Ord (NASDAQ:TGA) Is Not Near. The Stock Has Rise in Shorts

November 17, 2016 - By Winifred Garcia   ·   0 Comments

Today's Stock On Watch: A Reversal for Transglobe Energy Corporation Ord (NASDAQ:TGA) Is Not Near. The Stock Has Rise in Shorts

The stock of Transglobe Energy Corporation Ord (NASDAQ:TGA) registered an increase of 12.33% in short interest. TGA’s total short interest was 142,100 shares in November as published by FINRA. Its up 12.33% from 126,500 shares, reported previously. With 80,300 shares average volume, it will take short sellers 2 days to cover their TGA’s short positions. The short interest to Transglobe Energy Corporation Ord’s float is 0.21%. About 10,820 shares traded hands. TransGlobe Energy Corporation (USA) (NASDAQ:TGA) has risen 1.14% since April 15, 2016 and is uptrending. It has underperformed by 3.49% the S&P500.

TransGlobe Energy Corporation is an oil exploration and production company. The company has a market cap of $132.03 million. The Company’s activities are concentrated in the Arab Republic of Egypt . It currently has negative earnings. The Firm conducts its activities through the Arab Republic of Egypt segment.

TGA Company Profile

TransGlobe Energy Corporation, incorporated on August 6, 1968, is an oil exploration and production company. The Company’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Firm conducts its activities through the Arab Republic of Egypt segment. The Firm is primarily engaged in oil exploration, development, production and the acquisition of properties.

More important recent TransGlobe Energy Corporation (USA) (NASDAQ:TGA) news were published by: Marketwatch.com which released: “TransGlobe Energy Corp.” on February 22, 2011, also Marketwired.com published article titled: “TransGlobe Energy Corporation Announces Access to South Alamein and Proposed …”, Marketwired.com published: “TransGlobe Energy Corporation Announces Mid-Year (June 30, 2016) Reserves and …” on October 03, 2016. More interesting news about TransGlobe Energy Corporation (USA) (NASDAQ:TGA) was released by: Quotes.Wsj.com and their article: “News TransGlobe Energy Corp.TGA” with publication date: February 11, 2011.

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By Winifred Garcia


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