Santos Limited (OTCMKTS:SSLZY – Get Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 3,400 shares, a growth of 466.7% from the February 28th total of 600 shares. Based on an average daily volume of 1,302,800 shares, the days-to-cover ratio is currently 0.0 days.
Santos Stock Performance
Shares of SSLZY traded up $0.04 during trading hours on Wednesday, hitting $4.16. The stock had a trading volume of 238,566 shares, compared to its average volume of 425,298. Santos has a 1-year low of $3.70 and a 1-year high of $5.59. The firm has a 50 day simple moving average of $4.23 and a 200-day simple moving average of $4.37.
Santos Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Monday, March 3rd will be paid a $0.089 dividend. The ex-dividend date is 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.
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