Dno Asa (OTCMKTS:DTNOF) Short Interest Up 23,000.0% in February

Dno Asa (OTCMKTS:DTNOF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 231,000 shares, an increase of 23,000.0% from the January 31st total of 1,000 shares. Based on an average trading volume of 8,400 shares, the short-interest ratio is currently 27.5 days.

Dno Asa Stock Performance

Shares of DTNOF stock opened at $1.09 on Friday. The firm’s 50-day simple moving average is $1.04 and its 200-day simple moving average is $1.03. Dno Asa has a 1-year low of $0.85 and a 1-year high of $1.19.

Dno Asa Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 14th were given a dividend of $0.3125 per share. This represents a yield of 7.8%. The ex-dividend date of this dividend was Thursday, February 13th.

Dno Asa Company Profile

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.