Sanlam Limited (OTCMKTS:SLLDY) Short Interest Down 97.2% in September

Sanlam Limited (OTCMKTS:SLLDY) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 4,000 shares, a decrease of 97.2% from the September 15th total of 141,100 shares. Based on an average daily volume of 59,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 59,700 shares, the days-to-cover ratio is presently 0.1 days.

Sanlam Trading Down 1.4%

OTCMKTS:SLLDY opened at C$10.35 on Friday. Sanlam has a 1-year low of C$7.19 and a 1-year high of C$10.60. The company’s fifty day moving average price is C$10.02 and its 200-day moving average price is C$9.66.

About Sanlam

Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.