Sanlam Limited (OTCMKTS:SLLDY) Short Interest Up 1,182.7% in September

Sanlam Limited (OTCMKTS:SLLDY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 141,100 shares, a growth of 1,182.7% from the August 31st total of 11,000 shares. Based on an average daily volume of 80,700 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 80,700 shares, the short-interest ratio is presently 1.7 days.

Sanlam Stock Up 1.2%

Sanlam stock opened at C$9.92 on Thursday. Sanlam has a 52 week low of C$7.19 and a 52 week high of C$10.50. The business’s 50-day moving average price is C$9.91 and its 200 day moving average price is C$9.60.

About Sanlam

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.