Sanlam Limited (OTCMKTS:SLLDY) Sees Significant Decrease in Short Interest

Sanlam Limited (OTCMKTS:SLLDY) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,700 shares, a drop of 32.5% from the September 30th total of 4,000 shares. Based on an average daily trading volume, of 27,800 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 27,800 shares, the days-to-cover ratio is presently 0.1 days.

Sanlam Stock Up 0.4%

Shares of SLLDY stock opened at C$10.63 on Tuesday. The company has a 50-day moving average of C$10.19 and a two-hundred day moving average of C$9.92. Sanlam has a 1-year low of C$7.19 and a 1-year high of C$11.09.

About Sanlam

Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.