Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) Is At $12.06 Formed Wedge; Sasol LTD. American Depositary Shares (SSL) Shorts Down By 32.97%

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Sasol LTD. American Depositary Shares (NYSE:SSL) had a decrease of 32.97% in short interest. SSL’s SI was 1.27 million shares in May as released by FINRA. Its down 32.97% from 1.89 million shares previously. With 204,400 avg volume, 6 days are for Sasol LTD. American Depositary Shares (NYSE:SSL)’s short sellers to cover SSL’s short positions. The SI to Sasol LTD. American Depositary Shares’s float is 0.24%. The stock decreased 0.11% or $0.04 during the last trading session, reaching $35.42. About 144,675 shares traded. Sasol Limited (NYSE:SSL) has risen 17.81% since May 4, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) formed wedge down with $11.22 target or 7.00% below today’s $12.06 share price. Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) has $1.06B valuation. The stock increased 0.50% or $0.06 during the last trading session, reaching $12.06. About 104,271 shares traded. Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK) has declined 6.06% since May 4, 2017 and is downtrending. It has underperformed by 17.61% the S&P500.

Investors sentiment increased to 1.57 in Q4 2017. Its up 0.61, from 0.96 in 2017Q3. It is positive, as 8 investors sold Nuveen New York AMT-Free Quality Municipal Income Fund shares while 13 reduced holdings. 11 funds opened positions while 22 raised stakes. 8.38 million shares or 13.73% more from 7.37 million shares in 2017Q3 were reported. Susquehanna Intll Group Ltd Liability Partnership, Pennsylvania-based fund reported 43,475 shares. Moreover, Envestnet Asset Management has 0% invested in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK). Barrett Asset Mngmt Ltd Llc, a New York-based fund reported 1,240 shares. 1,802 are held by Whittier Trust. First Allied Advisory Svcs reported 21,283 shares. Naples Glob Lc has invested 0.89% in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK). Staley Capital Advisers owns 20,000 shares for 0.02% of their portfolio. 11,852 were reported by Creative Planning. Mariner Wealth Advsrs Ltd Liability Corp has invested 0.02% of its portfolio in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK). Fiera Capital Corp reported 180,029 shares. Cambridge Investment Rech Advisors accumulated 0.01% or 52,666 shares. Stifel Finance Corp has 0% invested in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK). Cetera Advisor Lc accumulated 13,745 shares or 0.01% of the stock. Two Sigma Securities invested in 0% or 12,447 shares. Pinnacle Ltd has 0.01% invested in Nuveen New York AMT-Free Quality Municipal Income Fund (NYSE:NRK).

Among 7 analysts covering Sasol (NYSE:SSL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Sasol had 13 analyst reports since September 9, 2015 according to SRatingsIntel. The stock of Sasol Limited (NYSE:SSL) has “Buy” rating given on Tuesday, August 16 by Bank of America. The firm has “Buy” rating by Citigroup given on Wednesday, September 9. Citigroup downgraded the shares of SSL in report on Tuesday, November 28 to “Hold” rating. The firm earned “Hold” rating on Tuesday, July 18 by J.P. Morgan. Macquarie Research downgraded the shares of SSL in report on Wednesday, March 9 to “Neutral” rating. The company was upgraded on Tuesday, February 13 by J.P. Morgan. The stock of Sasol Limited (NYSE:SSL) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, April 5. The firm earned “Outperform” rating on Monday, September 26 by Credit Suisse. The firm earned “Neutral” rating on Tuesday, July 18 by JP Morgan. The stock of Sasol Limited (NYSE:SSL) has “Buy” rating given on Wednesday, September 14 by Citigroup.

Sasol Limited operates as an integrated chemicals and energy company. The company has market cap of $23.15 billion. It operates through Mining, Exploration and Production International, Energy, Base Chemicals, and Performance Chemicals divisions. It has a 14.08 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.

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