Sasol Limited (OTCMKTS:SASOF – Get Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 59,168 shares, an increase of 705.4% from the May 14th total of 7,346 shares. Based on an average trading volume of 1 shares, the short-interest ratio is presently 59,168.0 days.
Sasol Stock Performance
OTCMKTS SASOF remained flat at $13.23 on Wednesday. The firm has a fifty day simple moving average of $13.25 and a 200 day simple moving average of $9.35. Sasol has a twelve month low of $3.48 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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