Short Interest in Sasol Limited (OTCMKTS:SASOF) Declines By 27.9%

Sasol Limited (OTCMKTS:SASOF) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 436,700 shares, a drop of 27.9% from the January 31st total of 605,400 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 104.0 days.

Sasol Stock Performance

OTCMKTS SASOF remained flat at $4.15 on Tuesday. Sasol has a 12 month low of $4.15 and a 12 month high of $8.74. The company’s fifty day simple moving average is $4.61 and its 200-day simple moving average is $5.70.

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.