Sasol Limited (OTCMKTS:SASOF – Get Free Report) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 204,049 shares, a decrease of 44.8% from the July 15th total of 369,443 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is presently 17.6 days.
Sasol Price Performance
SASOF remained flat at $11.50 on Monday. Sasol has a one year low of $4.94 and a one year high of $13.70. The business has a 50 day moving average price of $11.20 and a 200 day moving average price of $10.91.
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.
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