Short Interest in Santos Limited (OTCMKTS:STOSF) Expands By 22.3%

Santos Limited (OTCMKTS:STOSF) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 7,927,500 shares, a growth of 22.3% from the February 13th total of 6,479,800 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 3,446.7 days.

Santos Trading Up 9.4 %

Santos stock traded up $0.34 during midday trading on Tuesday, reaching $4.00. 19,400 shares of the company were exchanged, compared to its average volume of 6,514. The firm’s 50-day simple moving average is $4.19 and its 200-day simple moving average is $4.40. Santos has a 1 year low of $3.53 and a 1 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.