Dno Asa (OTCMKTS:DTNOF) Short Interest Up 2,409.2% in March

Dno Asa (OTCMKTS:DTNOF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 190,700 shares, a growth of 2,409.2% from the February 28th total of 7,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 953.5 days.

Dno Asa Stock Performance

Dno Asa stock remained flat at $1.22 during mid-day trading on Thursday. Dno Asa has a 52 week low of $0.85 and a 52 week high of $1.22. The business’s fifty day moving average price is $1.12 and its 200 day moving average price is $1.04.

Dno Asa Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, February 13th. This represents a yield of 7.8%.

About Dno Asa

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.