Sasol Limited (OTCMKTS:SASOF – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 7,346 shares, a decline of 95.8% from the April 30th total of 173,455 shares. Based on an average daily volume of 64 shares, the short-interest ratio is currently 114.8 days.
Sasol Price Performance
Shares of OTCMKTS:SASOF remained flat at $13.23 on Thursday. 3 shares of the company’s stock traded hands, compared to its average volume of 2,839. Sasol has a 12-month low of $3.48 and a 12-month high of $13.70. The stock’s fifty day moving average is $12.63 and its 200 day moving average is $8.92.
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.
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