Santos Limited (OTCMKTS:SSLZY) Shares Shorted: Short Interest Up 105.2% in September

Santos Limited (OTCMKTS:SSLZY) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 112,047 shares, an increase of 105.2% from the August 31st total of 54,604 shares. Based on an average trading volume of 81,934 shares, the short-interest ratio is currently 1.4 days.

Santos Stock Down 2.5%

SSLZY opened at $5.94 on Wednesday. Santos has a 12 month low of $3.91 and a 12 month high of $9.35. The firm’s fifty day simple moving average is $6.03 and its 200 day simple moving average is $5.68.

About Santos

Santos Limited is an Australian energy company engaged in the exploration, development, production and processing of oil and natural gas. Its portfolio includes natural gas, liquefied natural gas (LNG), condensate and crude oil, with activities spanning upstream production, gas processing and supply to domestic and international customers.

Founded in 1954 and headquartered in Adelaide, South Australia, Santos has developed major assets across Australia and the Asia-Pacific region. Its Australian operations include the Cooper Basin, Western Australia, Queensland and the Northern Territory, while the company also has interests in Papua New Guinea, including the PNG LNG project.