Sasol Limited (OTCMKTS:SASOF) Sees Large Decrease in Short Interest

Sasol Limited (OTCMKTS:SASOF) was the recipient of a significant decrease in short interest in the month of 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 daily volume of 1,700 shares, the days-to-cover ratio is currently 223.6 days.

Sasol Trading Up 15.7 %

Sasol stock traded up $0.60 during mid-day trading on Tuesday, hitting $4.42. 150 shares of the company traded hands, compared to its average volume of 2,625. Sasol has a one year low of $3.82 and a one year high of $8.74. The stock has a fifty day moving average price of $4.37 and a 200-day moving average price of $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.