Santos Limited (OTCMKTS:SSLZY) Short Interest Update

Santos Limited (OTCMKTS:SSLZY) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 17,469 shares, a decrease of 66.6% from the November 30th total of 52,341 shares. Based on an average trading volume of 222,073 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 222,073 shares, the days-to-cover ratio is presently 0.1 days.

Santos Price Performance

Shares of OTCMKTS SSLZY opened at $4.09 on Friday. The stock has a fifty day simple moving average of $4.20 and a two-hundred day simple moving average of $4.66. Santos has a 1-year low of $3.17 and a 1-year high of $5.38.

Analysts Set New Price Targets

SSLZY has been the topic of several analyst reports. Royal Bank Of Canada cut shares of Santos from an “outperform” rating to a “sector perform” rating in a report on Friday, December 5th. Wall Street Zen upgraded Santos to a “hold” rating in a research note on Sunday, October 12th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Santos currently has a consensus rating of “Hold”.

About Santos

Santos Limited (OTCMKTS:SSLZY) is an independent exploration and production company headquartered in Adelaide, Australia. Established in 1954, the firm focuses on the development, production and marketing of natural gas, liquefied natural gas (LNG), condensate and crude oil. Santos operates a diversified portfolio of upstream assets that span conventional and unconventional resources, with an emphasis on long-life reserves and high-value gas projects.

The company’s core activities encompass the exploration for hydrocarbon resources, project development and operational management of producing fields.