Sasol Limited (OTCMKTS:SASOF – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 204,049 shares, a decline of 44.8% from the July 15th total of 369,443 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is currently 17.6 days.
Sasol Price Performance
Shares of OTCMKTS:SASOF remained flat at $11.50 on Monday. The firm has a 50-day moving average of $11.20 and a 200 day moving average of $10.91. Sasol has a 12-month low of $4.94 and a 12-month high of $13.70.
Sasol Company Profile
Sasol Limited is an integrated energy and chemical company headquartered in Johannesburg, South Africa. Established in the early 1950s to develop synthetic fuels from coal, the company has since expanded its portfolio to encompass a wide range of chemical and energy products. Through its coal-to-liquids and gas-to-liquids technologies, Sasol produces transport fuels, base chemicals and industrial solvents, serving both domestic and international markets.
The company’s core business activities are organized into two primary segments: Chemicals and Energy.
See Also
- Five stocks we like better than Sasol
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
- D-Wave Has Momentum—What Does It Need to Keep It Going?
Receive News & Ratings for Sasol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sasol and related companies with MarketBeat.com's FREE daily email newsletter.
