Santos Limited (OTCMKTS:STOSF) Sees Significant Decline in Short Interest

Santos Limited (OTCMKTS:STOSF) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 7,317,700 shares, a drop of 14.3% from the March 31st total of 8,542,900 shares. Based on an average daily trading volume, of 28,500 shares, the short-interest ratio is presently 256.8 days.

Santos Price Performance

Shares of STOSF opened at $3.90 on Friday. Santos has a 1 year low of $3.30 and a 1 year high of $5.50. The stock has a 50 day simple moving average of $3.87 and a two-hundred day simple moving average of $4.18.

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.