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

Santos Limited (OTCMKTS:SSLZY) was the recipient of a large growth in short interest during the month of 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 trading volume of 1,302,800 shares, the days-to-cover ratio is presently 0.0 days.

Santos Stock Performance

Shares of OTCMKTS SSLZY traded up $0.04 during trading on Wednesday, hitting $4.16. The stock had a trading volume of 238,566 shares, compared to its average volume of 425,298. The firm has a fifty day moving average of $4.23 and a two-hundred day moving average of $4.37. Santos has a 12 month low of $3.70 and a 12 month high of $5.59.

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 of this dividend 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.