Is SANTOS LTD. ORDINARY SHARES (OTCMKTS:STOSF) a Buy? The Stock Reported more Sellers

April 16, 2018 - By Betty Noble

Santos Limited (OTCMKTS:STOSF) Logo

The stock of SANTOS LTD. ORDINARY SHARES (OTCMKTS:STOSF) registered an increase of 12.78% in short interest. STOSF’s total short interest was 407,700 shares in April as published by FINRA. Its up 12.78% from 361,500 shares, reported previously. With 500 shares average volume, it will take short sellers 815 days to cover their STOSF’s short positions.

The stock decreased 3.43% or $0.161 during the last trading session, reaching $4.529. About shares traded. Santos Limited (OTCMKTS:STOSF) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes, businesses, and major industries in Australia and Asia. The company has market cap of $9.50 billion. The firm produces natural gas, such as liquefied petroleum gas, ethane, methane, coal seam gas, liquefied natural gas, shale gas, and condensate, as well as oil. It currently has negative earnings. The Company’s proved plus probable petroleum reserves include 848 million barrels of oil equivalent.

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