Santos Limited (OTCMKTS:SSLZY – Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 11,800 shares, a decline of 91.4% from the January 31st total of 138,000 shares. Based on an average daily volume of 478,700 shares, the days-to-cover ratio is currently 0.0 days.
Santos Price Performance
SSLZY stock opened at $4.09 on Friday. Santos has a one year low of $3.90 and a one year high of $5.59. The company’s 50 day moving average price is $4.35 and its two-hundred day moving average price is $4.53.
Santos Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.089 per share. The ex-dividend date is Monday, March 3rd.
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.
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