Sasol Limited (OTCMKTS:SASOF – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 19,704 shares, a decline of 66.7% from the May 31st total of 59,168 shares. Based on an average daily trading volume, of 193 shares, the days-to-cover ratio is currently 102.1 days.
Sasol Price Performance
Shares of OTCMKTS:SASOF remained flat at $10.56 during trading on Monday. Sasol has a 52 week low of $4.50 and a 52 week high of $13.70. The firm has a 50-day moving average price of $12.64 and a 200-day moving average price of $9.74.
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.
Recommended Stories
- Five stocks we like better than Sasol
- onsemi: What the Market Gets Wrong, You Can Get Right
- Is McCormick a Steal Ahead of Game-Changing Unilever Deal?
- Qualcomm’s Investor Day Just Changed the Growth Story Forever
- JPMorgan Stands by Sky-High Broadcom Target as Shares Slide
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.
