Santos Limited (OTCMKTS:SSLZY) Sees Significant Decrease in Short Interest

Santos Limited (OTCMKTS:SSLZY) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 138,000 shares, a drop of 77.6% from the January 15th total of 616,600 shares. Based on an average trading volume of 590,000 shares, the short-interest ratio is presently 0.2 days.

Santos Trading Down 0.5 %

OTCMKTS SSLZY traded down $0.02 during trading on Wednesday, reaching $4.38. The company’s stock had a trading volume of 183,930 shares, compared to its average volume of 344,758. Santos has a twelve month low of $3.90 and a twelve month high of $5.59. The business’s fifty day moving average price is $4.32 and its 200-day moving average price is $4.60.

About Santos

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.