Short Interest in Sanlam Limited (OTCMKTS:SLLDY) Grows By 82.1%

Sanlam Limited (OTCMKTS:SLLDY) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 14,200 shares, a growth of 82.1% from the June 30th total of 7,800 shares. Based on an average daily volume of 30,900 shares, the short-interest ratio is currently 0.5 days.

Sanlam Stock Up 1.8 %

SLLDY stock traded up C$0.16 on Friday, hitting C$8.81. 8,213 shares of the company’s stock were exchanged, compared to its average volume of 15,725. Sanlam has a 12-month low of C$6.60 and a 12-month high of C$9.33. The firm has a 50 day moving average price of C$8.52 and a two-hundred day moving average price of C$7.86.

Sanlam Company Profile

Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.