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

Sasol Limited (OTCMKTS:SASOF) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,040,400 shares, a growth 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 currently 212.3 days.

Sasol Price Performance

Shares of SASOF stock remained flat at $5.18 during trading on Friday. The business’s 50 day moving average is $4.96 and its 200 day moving average is $6.42. Sasol has a one year low of $4.43 and a one year 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.