Sasol Limited (OTCMKTS:SASOF – Get Free Report) saw a large decline in short interest in 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 days-to-cover ratio is currently 114.8 days.
Sasol Price Performance
OTCMKTS:SASOF remained flat at $13.23 during trading hours on Wednesday. 3 shares of the company’s stock traded hands, compared to its average volume of 2,839. The business’s fifty day simple moving average is $12.63 and its 200 day simple moving average is $8.92. Sasol has a 52 week low of $3.48 and a 52 week 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.
Featured Stories
- Five stocks we like better than Sasol
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Receive News & Ratings for Sasol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sasol and related companies with MarketBeat.com's FREE daily email newsletter.
