Short Interest in Santos Limited (OTCMKTS:SSLZY) Expands By 523.5%

Santos Limited (OTCMKTS:SSLZY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 21,200 shares, a growth of 523.5% from the March 15th total of 3,400 shares. Based on an average trading volume of 585,300 shares, the days-to-cover ratio is currently 0.0 days.

Santos Stock Down 2.5 %

OTCMKTS:SSLZY traded down $0.09 during trading hours on Wednesday, hitting $3.50. 376,921 shares of the company were exchanged, compared to its average volume of 481,145. Santos has a 52-week low of $3.17 and a 52-week high of $5.59. The company’s 50 day moving average price is $3.96 and its 200-day moving average price is $4.27.

Santos Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Monday, March 3rd were paid a dividend of $0.089 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Santos Company Profile

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.