Sasol Limited (OTCMKTS:SASOF) Short Interest Up 58.2% in March

Sasol Limited (OTCMKTS:SASOF) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 601,400 shares, a growth of 58.2% from the March 15th total of 380,100 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 115.7 days.

Sasol Price Performance

SASOF remained flat at $3.69 during trading on Friday. Sasol has a 12 month low of $3.04 and a 12 month high of $8.08. The firm’s fifty day moving average price is $4.07 and its two-hundred day moving average price is $4.96.

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.