Sasol Limited (OTCMKTS:SASOF – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 204,049 shares, a decrease of 44.8% from the July 15th total of 369,443 shares. Based on an average daily trading volume, of 11,600 shares, the short-interest ratio is presently 17.6 days.
Sasol Stock Performance
OTCMKTS:SASOF opened at $11.50 on Tuesday. The company has a fifty day moving average of $11.16 and a 200-day moving average of $10.94. Sasol has a twelve month low of $4.94 and a twelve month high of $13.70.
About Sasol
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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