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

Sasol Limited (OTCMKTS:SASOF) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 531,200 shares, a growth of 21.6% from the February 13th total of 436,700 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 590.2 days.

Sasol Stock Performance

OTCMKTS:SASOF remained flat at $4.07 during trading hours on Wednesday. Sasol has a 52 week low of $3.97 and a 52 week high of $8.74. The business has a fifty day moving average of $4.54 and a 200 day moving average of $5.47.

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.