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

Santos Limited (OTCMKTS:SSLZY) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 69,800 shares, a growth of 2,015.2% from the July 15th total of 3,300 shares. Based on an average daily volume of 147,100 shares, the short-interest ratio is presently 0.5 days.

Santos Stock Performance

Shares of OTCMKTS SSLZY traded down $0.04 during trading on Monday, reaching $5.14. 290,500 shares of the company traded hands, compared to its average volume of 130,171. The firm’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.03. Santos has a 12-month low of $4.33 and a 12-month high of $5.50.

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.