Sasol Limited (OTCMKTS:SASOF – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 27,265 shares, an increase of 138.4% from the October 15th total of 11,435 shares. Based on an average trading volume of 460 shares, the short-interest ratio is presently 59.3 days.
Sasol Price Performance
Shares of OTCMKTS:SASOF remained flat at $13.95 during trading on Friday. The stock had a trading volume of 500 shares, compared to its average volume of 1,867. Sasol has a 52-week low of $6.10 and a 52-week high of $16.44. The stock has a fifty day simple moving average of $13.28 and a 200-day simple moving average of $11.53.
About Sasol
Sasol Limited is a South African integrated chemicals and energy company that develops and commercializes technologies for producing fuels, chemical products and lower-carbon solutions. Its activities span mining, energy, chemical manufacturing and technology licensing, with operations and customers in South Africa and international markets. The company produces liquid fuels, chemical feedstocks, solvents, polymers and other specialty and industrial chemicals. Sasol also supplies natural gas and electricity-related products and operates coal-mining activities that support parts of its South African fuels and chemicals value chain.
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