Sasol LTD. American Depositary Shares (NYSE:SSL) Short Interest Decreased By 8.51%

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The stock of Sasol LTD. American Depositary Shares (NYSE:SSL) registered a decrease of 8.51% in short interest. SSL’s total short interest was 1.03 million shares in May as published by FINRA. Its down 8.51% from 1.13 million shares, reported previously. With 214,400 shares average volume, it will take short sellers 5 days to cover their SSL’s short positions. The short interest to Sasol LTD. American Depositary Shares’s float is 0.19%.

It closed at $31.15 lastly. It is down 10.74% since May 8, 2018 and is downtrending. It has underperformed by 15.11% the S&P500.

Sasol Limited operates as an integrated chemicals and energy company. The company has market cap of $19.21 billion. It operates through Mining, Exploration and Production International, Energy, Base Chemicals, and Performance Chemicals divisions. It has a 29.75 P/E ratio. The firm operates coal mines; develops and manages upstream interests in gas and oil exploration and production in Mozambique, South Africa, Australia, Canada, and Gabon; and markets commodity and various performance chemicals, such as organics, inorganics and wax value chains, as well as polymers, solvents, and ammonia fertilizers.

More notable recent Sasol Limited (NYSE:SSL) news were published by: Seekingalpha.com which released: “Qatar Petroleum buys 25% stake in Mozambique exploration block from Eni – Seeking Alpha” on March 11, 2019, also Seekingalpha.com with their article: “Sasol delays Lake Charles chemicals project as costs balloon to $11.8B – Seeking Alpha” published on February 08, 2019, Benzinga.com published: “Why Most African Companies Are Not Listed On The NYSE Or Nasdaq: It’s All About Valuations, Saad Bendidi Says – Benzinga” on February 27, 2017. More interesting news about Sasol Limited (NYSE:SSL) were released by: Seekingalpha.com and their article: “Sandstorm Gold Ltd. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on February 20, 2019 as well as Benzinga.com‘s news article titled: “33 Stocks Moving In Friday’s Pre-Market Session – Benzinga” with publication date: February 08, 2019.

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