Short Interest in Sasol Limited (OTCMKTS:SASOF) Decreases By 28.4%

Sasol Limited (OTCMKTS:SASOF) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 380,100 shares, a decrease of 28.4% from the February 28th total of 531,200 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 223.6 days.

Sasol Stock Performance

OTCMKTS:SASOF traded up $0.60 during midday trading on Friday, reaching $4.42. The stock had a trading volume of 1,300 shares, compared to its average volume of 2,815. Sasol has a 1-year low of $3.82 and a 1-year high of $8.74. The firm’s fifty day simple moving average is $4.39 and its 200-day simple moving average is $5.30.

Sasol Company Profile

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.