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

Sasol Limited (OTCMKTS:SASOF) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 585,300 shares, a growth of 58.2% from the October 15th total of 369,900 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 216.8 days.

Sasol Price Performance

OTCMKTS:SASOF opened at $5.04 on Friday. Sasol has a 52 week low of $5.04 and a 52 week high of $12.64. The firm has a 50 day moving average of $6.64 and a 200 day moving average of $7.02.

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.