Santos Limited (OTCMKTS:SSLZY) Short Interest Update
by Michael Walen · The Markets DailySantos Limited (OTCMKTS:SSLZY – Get Free Report) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 54,455 shares, a growth of 183.9% from the July 30th total of 19,184 shares. Based on an average daily volume of 107,046 shares, the days-to-cover ratio is presently 0.5 days.
Santos Stock Down 1.5%
Shares of SSLZY opened at $5.92 on Friday. Santos has a 1 year low of $3.91 and a 1 year high of $6.64. The stock has a 50 day simple moving average of $5.48 and a two-hundred day simple moving average of $5.46.
About Santos
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.