Sasol Ltd. American Depositary Shares (NYSE:SSL) Short Squeeze

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Over the past twenty days of trading, Sasol Ltd. American Depositary Shares (NYSE: SSL), from January 24, 2020 to March 26, 2020 there is a potential Short Squeeze about to happen because of an increase in short volume over the past twenty days with very little cover volume.

Because of this the Squeeze Report trend indicator issued a SSL Short Squeeze.


Sasol Ltd. American Depositary Shares (NYSE: SSL) Short Squeeze Analysis

During the last five days of trading, from March 20, 2020 to March 26, 2020 SSL had a staggering 2,339,450 shares shorted while trading a total of 31,277,204 shares as show the on SSL short page.

The last ten days of trading, from February 07, 2020 to March 26, 2020 SSL had a staggering 2,593,050 shares shorted while trading a total of 36,354,965 shares as show the on SSL short page.

Over the last twenty days of trading, from January 24, 2020 to March 26, 2020 SSL had a staggering 2,649,683 shares shorted while trading a total of 38,858,225 shares as show the on SSL short page.

According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 0 days with no change but 3 cover days. The last twenty trading days there were 11 short day, 3 days with no change but 6 cover days.


Sasol Ltd. American Depositary Shares (NYSE: SSL) Short Squeeze Result

The short indicator utilizes several factors before determining a result and because of these indications we have placed a short trend indicator of SSL Short Squeeze.


Sasol Ltd. American Depositary Shares (NYSE: SSL) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,649,683
Total Actual Volume38,858,225
Total Volume Discrepancy33,996,789

Short Trends

Cover Days6
Short Days11
No Change Days3

Averages

Average Volume Discrepancy1,699,839
Average Short Volume132,484
Average Short Percentage46%

The Short Trend Indicator

Squeeze Reports short trend indicator utilizes several different trading factors including, short data, trade data, short analysis and short probability. So become a member of Squeeze Report if you want to to gain access or know more about the short trend indicator and other short trading tools.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Sasol Ltd. American Depositary Shares (NYSE: SSL) and doed not buy, sell, or trade any shares of SSL. This article does not provide a professional analysis of a (SSL) financial position. (SSL) financial position and all other information regarding the featured Company should be verified directly with (SSL). Please read our full disclaimer for more detailed information.