Santos Limited (OTCMKTS:STOSF – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 565,573 shares, a drop of 58.6% from the August 15th total of 1,366,900 shares. Based on an average daily volume of 7,341 shares, the short-interest ratio is presently 77.0 days.
Santos Stock Performance
Shares of OTCMKTS STOSF opened at $6.00 on Tuesday. The firm’s 50-day simple moving average is $5.59 and its 200 day simple moving average is $5.46. Santos has a fifty-two week low of $3.65 and a fifty-two week high of $6.35.
Santos Company Profile
Santos Limited, trading as STOSF on OTCMKTS, is an Australian energy company specializing in the exploration, development and production of oil and natural gas. The firm’s portfolio spans upstream assets including offshore and onshore fields, with a particular focus on liquefied natural gas (LNG) projects and conventional gas operations. Santos serves both domestic and international markets, supplying feedstock for power generation, industrial usage and export destinations.
Key operations include the GLNG project in Queensland’s Bowen and Surat basins, the Papua New Guinea LNG venture and the Darwin LNG plant in the Northern Territory.
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