Transportadora de Gas del Sur S.A. (NYSE:TGS) Short Interest Up 31.5% in February

Transportadora de Gas del Sur S.A. (NYSE:TGS - Get Free Report) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 513,700 shares, a growth of 31.5% from the January 31st total of 390,600 shares. Currently, 0.7% of the company's stock are short sold. Based on an average daily volume of 342,300 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On Transportadora de Gas del Sur

Several hedge funds and other institutional investors have recently made changes to their positions in TGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Transportadora de Gas del Sur by 67.1% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,454,524 shares of the energy company's stock worth $42,574,000 after acquiring an additional 583,991 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Transportadora de Gas del Sur during the 4th quarter worth about $9,812,000. TT International Asset Management LTD raised its position in shares of Transportadora de Gas del Sur by 17.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company's stock worth $23,462,000 after acquiring an additional 188,268 shares in the last quarter. William Blair Investment Management LLC acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth approximately $5,246,000. Finally, Brevan Howard Capital Management LP acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth approximately $4,813,000. Institutional investors and hedge funds own 3.29% of the company's stock.

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Analyst Ratings Changes

TGS has been the topic of a number of analyst reports. Citigroup initiated coverage on Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They issued a "buy" rating and a $35.00 price target on the stock. StockNews.com raised Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, February 19th.

Transportadora de Gas del Sur Stock Up 4.0 %

Shares of NYSE TGS traded up $0.97 during midday trading on Friday, hitting $25.20. 369,791 shares of the company's stock were exchanged, compared to its average volume of 370,738. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64. Transportadora de Gas del Sur has a twelve month low of $11.81 and a twelve month high of $34.37. The company has a market cap of $3.79 billion, a PE ratio of 23.33 and a beta of 0.76. The firm's fifty day simple moving average is $28.37 and its 200-day simple moving average is $25.12.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.