Santos Limited (OTCMKTS:STOSF) Sees Large Decline in Short Interest

Santos Limited (OTCMKTS:STOSF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 6,681,100 shares, a drop of 14.4% from the December 15th total of 7,805,700 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 703.3 days.

Santos Stock Up 12.1 %

OTCMKTS STOSF opened at $4.69 on Friday. The stock’s 50-day moving average price is $4.33 and its 200-day moving average price is $4.67. Santos has a 52 week low of $3.70 and a 52 week high of $5.50.

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.