Sasol Limited (OTCMKTS:SASOF – Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,346 shares, a decrease of 95.8% from the April 30th total of 173,455 shares. Based on an average trading volume of 64 shares, the short-interest ratio is presently 114.8 days.
Sasol Stock Performance
Shares of OTCMKTS:SASOF remained flat at $13.23 on Wednesday. The stock had a trading volume of 3 shares, compared to its average volume of 2,839. Sasol has a one year low of $3.48 and a one year high of $13.70. The firm has a fifty day simple moving average of $12.63 and a 200 day simple moving average of $8.92.
About Sasol
Sasol Limited is an integrated energy and chemical company headquartered in Johannesburg, South Africa. Established in the early 1950s to develop synthetic fuels from coal, the company has since expanded its portfolio to encompass a wide range of chemical and energy products. Through its coal-to-liquids and gas-to-liquids technologies, Sasol produces transport fuels, base chemicals and industrial solvents, serving both domestic and international markets.
The company’s core business activities are organized into two primary segments: Chemicals and Energy.
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