Tengasco, Inc. (NYSEAMERICAN:TGC) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 84,000 shares, an increase of 10.4% from the July 31st total of 76,100 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 19,200 shares, the short-interest ratio is currently 4.4 days.
NYSEAMERICAN:TGC opened at $0.65 on Monday. Tengasco has a 1 year low of $0.55 and a 1 year high of $1.51.
Tengasco (NYSEAMERICAN:TGC) last posted its earnings results on Tuesday, August 13th. The company reported $0.00 earnings per share (EPS) for the quarter. The company had revenue of $1.39 million for the quarter.
Tengasco, Inc, together with its subsidiaries, explores for and produces oil and natural gas in the United States. It primarily holds interests in the oil and gas properties located in Kansas. As of December 31, 2017, the company had 175 producing oil wells, 20 shut-in wells, and 38 active disposal wells.
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