Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a growth of 466.7% from the February 28th total of 600 shares. Based on an average daily trading volume, of 1,302,800 shares, the short-interest ratio is currently 0.0 days.
Santos Stock Performance
Shares of SSLZY traded up $0.04 during midday trading on Friday, hitting $4.20. 253,085 shares of the stock traded hands, compared to its average volume of 422,327. Santos has a 1-year low of $3.70 and a 1-year high of $5.59. The business’s 50 day moving average price is $4.21 and its two-hundred day moving average price is $4.37.
Santos Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, April 2nd. Investors of record on Monday, March 3rd will be given 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.
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