Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the recipient of a large 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 trading volume of 435,366 shares, the short-interest ratio is presently 0.2 days.
Santos Stock Up 1.1%
Shares of SSLZY traded up $0.06 during trading hours on Tuesday, reaching $5.40. 182,802 shares of the company traded hands, compared to its average volume of 121,450. The stock’s fifty day moving average price is $5.44 and its 200 day moving average price is $5.15. Santos has a 12-month low of $3.91 and a 12-month 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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