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

Sasol Limited (OTCMKTS:SASOF) was the target of a large decrease in short interest in 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 trading volume of 1,700 shares, the short-interest ratio is presently 223.6 days.

Sasol Stock Performance

Shares of OTCMKTS:SASOF traded up $0.60 during trading on Monday, reaching $4.42. 1,300 shares of the company were exchanged, compared to its average volume of 2,815. The business’s fifty day simple moving average is $4.39 and its 200-day simple moving average is $5.29. Sasol has a 12-month low of $3.82 and a 12-month high of $8.74.

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.