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

Sasol Limited (OTCMKTS:SASOF) was the recipient of a significant growth in short interest in the month of 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 trading volume of 4,900 shares, the short-interest ratio is presently 212.3 days.

Sasol Price Performance

OTCMKTS SASOF remained flat at $5.18 during trading on Friday. The firm has a fifty day simple moving average of $4.96 and a 200 day simple moving average of $6.42. Sasol has a 12 month low of $4.43 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.