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

Sasol Limited (OTCMKTS:SASOF) was the target of a large 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 trading volume of 900 shares, the days-to-cover ratio is currently 590.2 days.

Sasol Price Performance

Shares of SASOF stock opened at $4.07 on Thursday. Sasol has a twelve month low of $3.97 and a twelve month high of $8.74. The company’s 50-day moving average price is $4.53 and its 200-day moving average price is $5.46.

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.