Short Interest in Sasol Limited (OTCMKTS:SASOF) Drops By 33.9%

Sasol Limited (OTCMKTS:SASOF) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 687,200 shares, a drop of 33.9% from the December 31st total of 1,040,400 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 404.2 days.

Sasol Trading Up 1.1 %

Shares of OTCMKTS:SASOF opened at $4.66 on Friday. Sasol has a 1-year low of $4.43 and a 1-year high of $8.74. The firm has a fifty day moving average price of $4.91 and a 200 day moving average price of $6.21.

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.