Short Interest in Sasol Limited (OTCMKTS:SASOF) Grows By 422,100.0%

Sasol Limited (OTCMKTS:SASOF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 8,444 shares, an increase of 422,100.0% from the December 15th total of 2 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sasol Price Performance

Shares of OTCMKTS SASOF remained flat at $6.50 during mid-day trading on Monday. Sasol has a twelve month low of $3.04 and a twelve month high of $7.35. The company has a 50-day moving average price of $6.35 and a 200 day moving average price of $5.92.

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.