Santos Limited (OTCMKTS:STOSF) Short Interest Down 14.3% in April

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

Santos Stock Performance

OTCMKTS:STOSF opened at $3.90 on Monday. The company’s 50-day moving average is $3.87 and its two-hundred day moving average is $4.18. Santos has a 1-year low of $3.30 and a 1-year high of $5.50.

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.