Short Interest in China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Drops By 18.0%

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 34,659,300 shares, a drop of 18.0% from the February 13th total of 42,243,300 shares. Based on an average trading volume of 40,000 shares, the short-interest ratio is currently 866.5 days.

China Petroleum & Chemical Trading Up 5.9 %

Shares of OTCMKTS SNPMF opened at $0.59 on Thursday. China Petroleum & Chemical has a 12 month low of $0.50 and a 12 month high of $0.70. The stock has a 50 day moving average of $0.55 and a 200-day moving average of $0.56.

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.