Short Interest in Sasol Limited (OTCMKTS:SASOF) Expands By 47.7%

Sasol Limited (OTCMKTS:SASOF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,040,400 shares, an increase of 47.7% from the December 15th total of 704,600 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 212.3 days.

Sasol Price Performance

Sasol stock remained flat at $5.18 during mid-day trading on Friday. The business has a fifty day moving average of $4.96 and a two-hundred day moving average of $6.42. Sasol has a twelve month low of $4.43 and a twelve 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.