Santos Limited (OTCMKTS:SSLZY) Sees Large Increase in Short Interest

Santos Limited (OTCMKTS:SSLZY) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 7,300 shares, an increase of 7,200.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 218,700 shares, the short-interest ratio is presently 0.0 days.

Santos Price Performance

OTCMKTS SSLZY traded up $0.01 during trading on Friday, hitting $4.56. 252,652 shares of the company traded hands, compared to its average volume of 153,249. Santos has a 12 month low of $4.33 and a 12 month high of $5.59. The business has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $5.02.

Santos Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, September 3rd were given a $0.13 dividend. The ex-dividend date was Tuesday, September 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.