Santos Limited (OTCMKTS:SSLZY – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 79,138 shares, a drop of 73.6% from the June 15th total of 299,885 shares. Based on an average daily trading volume, of 435,366 shares, the days-to-cover ratio is currently 0.2 days.
Santos Stock Up 0.6%
OTCMKTS SSLZY traded up $0.03 on Friday, hitting $5.30. 102,009 shares of the stock were exchanged, compared to its average volume of 120,733. The stock has a fifty day moving average price of $5.44 and a two-hundred day moving average price of $5.14. Santos has a 52-week low of $3.91 and a 52-week high of $5.98.
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.
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