Short Interest in Santos Limited (OTCMKTS:STOSF) Declines By 75.0%

Santos Limited (OTCMKTS:STOSFGet Rating) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 743,700 shares, a decrease of 75.0% from the March 15th total of 2,975,800 shares. Based on an average trading volume of 12,800 shares, the days-to-cover ratio is currently 58.1 days.

Shares of OTCMKTS STOSF traded up $0.07 during trading hours on Wednesday, hitting $5.93. The company’s stock had a trading volume of 884 shares, compared to its average volume of 4,435. Santos has a 12 month low of $4.38 and a 12 month high of $6.16. The business has a 50-day simple moving average of $5.53 and a 200-day simple moving average of $5.15.

About Santos (Get Rating)

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes and businesses in Australia and the Asia Pacific. Its five principal assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia.

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