Short Interest in Santos Limited (OTCMKTS:STOSF) Rises By 26.6%

Santos Limited (OTCMKTS:STOSF) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 6,031,000 shares, a growth of 26.6% from the July 31st total of 4,762,300 shares. Based on an average daily volume of 19,200 shares, the short-interest ratio is currently 314.1 days.

Santos Price Performance

Shares of STOSF stock opened at $4.92 on Friday. The business’s fifty day moving average price is $4.99 and its 200 day moving average price is $4.95. Santos has a 1-year low of $4.40 and a 1-year high of $5.50.

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.