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

Santos Limited (OTCMKTS:SSLZY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 600 shares, a decline of 94.9% from the February 13th total of 11,800 shares. Based on an average daily trading volume, of 934,000 shares, the days-to-cover ratio is presently 0.0 days.

Santos Stock Performance

Shares of OTCMKTS:SSLZY traded up $0.03 during trading on Wednesday, reaching $3.85. The stock had a trading volume of 422,070 shares, compared to its average volume of 441,624. Santos has a fifty-two week low of $3.70 and a fifty-two week high of $5.59. The business has a fifty day moving average price of $4.31 and a 200-day moving average price of $4.45.

Santos Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Monday, March 3rd will be issued 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.