Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 299,885 shares, an increase of 71.0% from the May 31st total of 175,411 shares. Based on an average daily trading volume, of 357,718 shares, the days-to-cover ratio is currently 0.8 days.
Santos Stock Down 1.2%
Santos stock opened at $4.95 on Thursday. Santos has a 52 week low of $3.91 and a 52 week high of $5.98. The business’s 50-day moving average price is $5.50 and its 200 day moving average price is $5.09.
Santos Company Profile
Santos Limited (OTCMKTS:SSLZY) is an independent exploration and production company headquartered in Adelaide, Australia. Established in 1954, the firm focuses on the development, production and marketing of natural gas, liquefied natural gas (LNG), condensate and crude oil. Santos operates a diversified portfolio of upstream assets that span conventional and unconventional resources, with an emphasis on long-life reserves and high-value gas projects.
The company’s core activities encompass the exploration for hydrocarbon resources, project development and operational management of producing fields.
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