Santos Limited (OTCMKTS:SSLZY) Stock Short Interest Climbs 1,122.4%

Santos Limited (OTCMKTS:SSLZY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,369,687 shares, a growth of 1,122.4% from the September 15th total of 112,047 shares. Based on an average daily volume of 1,483,412 shares, the days-to-cover ratio is currently 0.9 days.

Santos Stock Performance

Santos stock traded up $0.02 during mid-day trading on Friday, reaching $6.15. The company’s stock had a trading volume of 99,350 shares, compared to its average volume of 151,979. Santos has a twelve month low of $3.91 and a twelve month high of $9.35. The business has a 50 day moving average price of $6.11 and a 200-day moving average price of $5.71.

Santos Company Profile

Santos Limited is an Australian energy company engaged in the exploration, development, production and processing of oil and natural gas. Its portfolio includes natural gas, liquefied natural gas (LNG), condensate and crude oil, with activities spanning upstream production, gas processing and supply to domestic and international customers.

Founded in 1954 and headquartered in Adelaide, South Australia, Santos has developed major assets across Australia and the Asia-Pacific region. Its Australian operations include the Cooper Basin, Western Australia, Queensland and the Northern Territory, while the company also has interests in Papua New Guinea, including the PNG LNG project.