Short Interest in Sasol Limited (OTCMKTS:SASOF) Grows By 47.7%

Sasol Limited (OTCMKTS:SASOF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,040,400 shares, an increase of 47.7% from the December 15th total of 704,600 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 212.3 days.

Sasol Stock Performance

Shares of SASOF remained flat at $5.18 during trading hours on Friday. Sasol has a fifty-two week low of $4.43 and a fifty-two week high of $8.74. The business’s 50 day moving average is $4.96 and its 200-day moving average is $6.42.

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.