Santos Limited (OTCMKTS:SSLZY – Get Rating) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 50,500 shares, an increase of 4,950.0% from the April 30th total of 1,000 shares. Based on an average daily trading volume, of 298,400 shares, the days-to-cover ratio is currently 0.2 days.
Santos Stock Up 1.4 %
Shares of SSLZY stock opened at $4.93 on Friday. Santos has a 52 week low of $4.28 and a 52 week high of $6.36. The firm has a 50 day moving average of $4.79 and a 200-day moving average of $4.84.
Santos Increases Dividend
The company also recently announced a dividend, which was paid on Wednesday, April 5th. Stockholders of record on Monday, March 6th were paid a $0.137 dividend. The ex-dividend date of this dividend was Friday, March 3rd. This is an increase from Santos’s previous dividend of $0.08. This represents a dividend yield of 4.41%.
Santos Company Profile
Santos Ltd. engages in the exploration, development, transportation, and marketing of natural gas. It operates through the following segments: Cooper Basin, Queensland and NSW, Papua New Guinea; Northern Australia, Western Australia; Asia, and Corporate, Exploration, Eliminations, and Other. The Cooper Basin segment produces natural gas, gas liquids, and crude oil.
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