China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Sees Significant Increase in Short Interest

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 9,535,300 shares, an increase of 40.6% from the November 30th total of 6,781,000 shares. Based on an average daily trading volume, of 133,500 shares, the short-interest ratio is currently 71.4 days.

China Petroleum & Chemical Trading Up 7.1 %

Shares of OTCMKTS SNPMF traded up $0.02 during trading on Monday, reaching $0.56. The stock had a trading volume of 8,000 shares, compared to its average volume of 89,218. The business’s 50-day moving average price is $0.55 and its 200-day moving average price is $0.59. China Petroleum & Chemical has a fifty-two week low of $0.45 and a fifty-two week high of $0.70.

About China Petroleum & Chemical

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others.