Short Interest in Santos Limited (OTCMKTS:SSLZY) Expands By 59.5%

Santos Limited (OTCMKTS:SSLZY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 76,400 shares, a growth of 59.5% from the August 15th total of 47,900 shares. Based on an average daily trading volume, of 143,700 shares, the days-to-cover ratio is presently 0.5 days.

Santos Price Performance

Shares of SSLZY stock traded down $0.02 during mid-day trading on Friday, hitting $4.59. The company had a trading volume of 374,720 shares, compared to its average volume of 145,366. Santos has a 52-week low of $4.33 and a 52-week high of $5.59. The stock’s 50 day moving average price is $5.15 and its 200-day moving average price is $5.04.

Santos Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Tuesday, September 3rd will be issued a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, September 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.