Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 79,138 shares, a decline of 73.6% from the June 15th total of 299,885 shares. Based on an average daily trading volume, of 435,366 shares, the short-interest ratio is currently 0.2 days.
Santos Stock Up 0.6%
Shares of OTCMKTS SSLZY traded up $0.03 during mid-day trading on Friday, hitting $5.30. 102,009 shares of the company’s stock traded hands, compared to its average volume of 120,733. Santos has a 1 year low of $3.91 and a 1 year high of $5.98. The company’s 50-day moving average is $5.44 and its two-hundred day moving average is $5.14.
Santos Company Profile
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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