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

Santos Limited (OTCMKTS:SSLZY) was the target of a significant growth in short interest in the month of 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 daily trading volume, of 585,300 shares, the short-interest ratio is presently 0.0 days.

Santos Stock Up 2.0 %

Shares of SSLZY stock traded up $0.07 during midday trading on Tuesday, reaching $3.57. 907,229 shares of the stock were exchanged, compared to its average volume of 479,350. Santos has a 1 year low of $3.17 and a 1 year high of $5.59. The company’s 50 day moving average is $3.98 and its two-hundred day moving average is $4.27.

Santos Cuts Dividend

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

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.