Short Interest in Santos Limited (OTCMKTS:STOSF) Expands By 22.6%

Santos Limited (OTCMKTS:STOSF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 8,542,900 shares, a growth of 22.6% from the March 15th total of 6,967,800 shares. Based on an average daily trading volume, of 7,200 shares, the days-to-cover ratio is currently 1,186.5 days.

Santos Price Performance

Shares of OTCMKTS STOSF remained flat at $3.70 on Friday. 20 shares of the stock were exchanged, compared to its average volume of 7,477. The firm’s fifty day moving average is $3.90 and its 200 day moving average is $4.24. Santos has a one year low of $3.30 and a one 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.