Short Interest in Sasol Limited (OTCMKTS:SASOF) Increases By 3,371.4%

Sasol Limited (OTCMKTS:SASOF) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 24,300 shares, agrowthof3,371.4% from the July 15th total of 700 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 6.8 days. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 6.8 days.

Sasol Stock Performance

Shares of SASOF stock opened at $4.94 on Friday. The business’s 50 day moving average is $4.82 and its two-hundred day moving average is $4.28. Sasol has a twelve month low of $3.04 and a twelve month high of $8.08.

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.