Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 54,455 shares, an increase of 183.9% from the July 30th total of 19,184 shares. Based on an average daily trading volume, of 107,046 shares, the days-to-cover ratio is currently 0.5 days.
Santos Stock Down 1.5%
Shares of OTCMKTS:SSLZY opened at $5.92 on Friday. Santos has a fifty-two week low of $3.91 and a fifty-two week high of $6.64. The firm’s 50 day moving average price is $5.48 and its 200 day moving average price is $5.46.
About Santos
Santos Limited (OTCMKTS:SSLZY) is an independent exploration and production company headquartered in Adelaide, Australia. Established in 1954, the firm focuses on the development, production and marketing of natural gas, liquefied natural gas (LNG), condensate and crude oil. Santos operates a diversified portfolio of upstream assets that span conventional and unconventional resources, with an emphasis on long-life reserves and high-value gas projects.
The company’s core activities encompass the exploration for hydrocarbon resources, project development and operational management of producing fields.
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