Short Interest in Sasol Limited (OTCMKTS:SASOF) Declines By 26.3%

Sasol Limited (OTCMKTS:SASOF) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 369,900 shares, a decline of 26.3% from the September 30th total of 501,600 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is currently 194.7 days.

Sasol Price Performance

OTCMKTS SASOF remained flat at $6.78 on Friday. Sasol has a 1-year low of $5.96 and a 1-year high of $13.51. The stock has a fifty day simple moving average of $7.06 and a 200-day simple moving average of $7.23.

About Sasol

Sasol Limited operates as an integrated chemical and energy company in South Africa. It offers alumina, such as battery materials, catalyst supports, abrasives and polishing, and polymer additives; cobalt fischer-tropsch; carbon-based products; recarburiser; graphite electrodes; mono-ethylene glycol, ethylene, propylene, sasfroth blends, sodium cyanide, caustic soda, hydrochloric acid, sulfuric acid, calcium chloride, chlorine, alcohols, aromatic blends, methyl alcohol, polyethylene, polypropylene, polyvinyl chloride, cresols, xylenols, phenols, limestone ammonium nitrate, ammonium nitrate solution, and nitric acid.