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

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

Sasol Stock Performance

Sasol stock traded up $0.60 during trading hours on Tuesday, reaching $4.42. 150 shares of the company’s stock traded hands, compared to its average volume of 2,625. Sasol has a fifty-two week low of $3.82 and a fifty-two week high of $8.74. The firm’s 50 day moving average is $4.37 and its 200-day moving average is $5.27.

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.