Sasol Limited (OTCMKTS:SASOF) Sees Significant Growth in Short Interest

Sasol Limited (OTCMKTS:SASOF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 531,200 shares, an increase of 21.6% from the February 13th total of 436,700 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 590.2 days.

Sasol Stock Up 2.5 %

Shares of SASOF stock traded up $0.10 during trading hours on Tuesday, hitting $4.07. The company’s stock had a trading volume of 1,465 shares, compared to its average volume of 3,340. Sasol has a 12-month low of $3.97 and a 12-month high of $8.74. The company has a 50 day moving average of $4.54 and a 200 day moving average of $5.49.

Sasol Company Profile

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.