Santos Limited (OTCMKTS:SSLZY) Short Interest Down 31.4% in August

Santos Limited (OTCMKTS:SSLZY) was the recipient of a significant drop in short interest in August. As of August 15th, there was short interest totalling 47,900 shares, a drop of 31.4% from the July 31st total of 69,800 shares. Based on an average daily volume of 398,500 shares, the short-interest ratio is currently 0.1 days.

Santos Trading Up 1.2 %

OTCMKTS SSLZY opened at $5.24 on Friday. The firm’s 50 day moving average price is $5.21 and its 200-day moving average price is $5.05. Santos has a 52-week low of $4.33 and a 52-week high of $5.59.

Santos Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, September 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.