Santos Limited (OTCMKTS:STOSF) Short Interest Down 15.0% in May

Santos Limited (OTCMKTS:STOSF) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 5,676,900 shares, a drop of 15.0% from the April 30th total of 6,680,000 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 6,307.7 days.

Santos Price Performance

Shares of STOSF stock opened at $4.10 on Wednesday. The firm has a fifty day moving average of $3.87 and a two-hundred day moving average of $4.10. Santos has a 1-year low of $3.30 and a 1-year high of $5.50.

Santos Company Profile

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.