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

Santos Limited (OTCMKTS:SSLZY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 10,400 shares, an increase of 5,100.0% from the March 31st total of 200 shares. Based on an average trading volume of 303,100 shares, the days-to-cover ratio is presently 0.0 days.

Santos Trading Down 0.6 %

Shares of OTCMKTS SSLZY traded down $0.03 during midday trading on Thursday, reaching $5.00. The company had a trading volume of 164,508 shares, compared to its average volume of 156,959. Santos has a 1 year low of $4.33 and a 1 year high of $5.46. The business’s 50-day simple moving average is $4.89 and its 200 day simple moving average is $4.89.

Santos Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, March 4th were paid a dividend of $0.161 per share. The ex-dividend date of this dividend was Friday, March 1st. This is an increase from Santos’s previous dividend of $0.09.

Santos Company Profile

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.