Short Interest in Sasol Limited (OTCMKTS:SASOF) Declines By 28.4%

Sasol Limited (OTCMKTS:SASOF) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 380,100 shares, a decrease of 28.4% from the February 28th total of 531,200 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 223.6 days.

Sasol Price Performance

Shares of OTCMKTS SASOF traded up $0.60 during mid-day trading on Friday, reaching $4.42. The company had a trading volume of 1,300 shares, compared to its average volume of 2,815. The stock has a fifty day moving average of $4.39 and a two-hundred day moving average of $5.30. Sasol has a 12-month low of $3.82 and a 12-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.