The stock last traded at $1.68 impressively higher than $1.44, the 50 day moving average and which is quite a bit higher than the 200 day moving average of $1.38. The 50 day moving average went up by +16.98% whereas the 200 day average was up by +21.57%. Transglobe Energy Corp – Ordina shares had a trading volume of 46K in the last trading session. Overall, volume was down 31.34% under the stocks normal daily volume.
Investors are more bearish on shares of Transglobe Energy Corp – Ordina of late if you take a look at the motion in short interest. The company experienced a rise in short interest from September 29, 2017 to October 13, 2017 of 26.80%. Short shares grew from 25,561 to 32,411 over that timeframe. The short-interest ratio decreased to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
These firms have modified their investment in TGA. As of quarter end Renaissance Technologies LLC had bought 66,300 shares growing its holdings by 4.1%. The value in dollars went from $2,529,000 to $2,262,000 a change of $267,000 since the last quarter. Tower Research Capital LLC (trc) augmented its position by buying 9,188 shares an increase of 994.4% as of 06/30/2017. Tower Research Capital LLC (trc) controls 10,112 shares valued at $14,000. The value of the position overall is up by 1,300.0%.
Sunbelt Securities, Inc. cut its investment by shedding 5,345 shares a decrease of 6.2%. Sunbelt Securities, Inc. now controls 80,710 shares worth $108,000. The total value of its holdings decreased 19.4%. As of the end of the quarter Toronto Dominion Bank had acquired a total of 1,600 shares growing its stake by 800.0%. The value of the investment in TGA increased from $0 to $2,000 a change of inf% quarter over quarter.
TransGlobe Energy Corporation, launched on August 6, 1968, is an oil exploration and production company. The Business’s activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties..