Sinopec Shanghai Petrochemical Company Limited (OTCMKTS:SPTJF) Short Interest Update

Sinopec Shanghai Petrochemical Company Limited (OTCMKTS:SPTJF) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 21,080,000 shares, a growth of 17.0% from the January 15th total of 18,024,000 shares. Based on an average trading volume of 20,300 shares, the days-to-cover ratio is currently 1,038.4 days.

Sinopec Shanghai Petrochemical Price Performance

Shares of OTCMKTS:SPTJF opened at $0.15 on Monday. The company’s fifty day moving average is $0.15 and its two-hundred day moving average is $0.14. Sinopec Shanghai Petrochemical has a 1-year low of $0.10 and a 1-year high of $0.19.

Sinopec Shanghai Petrochemical Company Profile

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum and chemical products in the People’s Republic of China. The company operates through Petroleum Products, Intermediate Petrochemicals, Synthetic Fibers, Resins and Plastics, and Trading of Petrochemical Products segments.