Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 20,600 shares, an increase of 24.1% from the August 15th total of 16,600 shares. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is presently 0.3 days.
Santos Price Performance
Santos stock opened at $4.49 on Friday. Santos has a 52 week low of $3.17 and a 52 week high of $5.38. The company’s 50 day moving average price is $5.11 and its two-hundred day moving average price is $4.49.
Santos Announces Dividend
The business also recently declared a dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 9th will be issued a $0.0134 dividend. This represents a dividend yield of 417.0%. The ex-dividend date of this dividend is Monday, September 8th.
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.
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