Short Interest in China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Expands By 56.0%

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 19,900,400 shares, an increase of 56.0% from the June 30th total of 12,758,000 shares. Based on an average daily volume of 203,200 shares, the short-interest ratio is presently 97.9 days.

China Petroleum & Chemical Price Performance

Shares of OTCMKTS SNPMF traded up $0.02 during trading on Friday, hitting $0.61. 33,950 shares of the company traded hands, compared to its average volume of 99,177. The business’s fifty day moving average is $0.63 and its 200 day moving average is $0.58. China Petroleum & Chemical has a fifty-two week low of $0.45 and a fifty-two week high of $0.68.

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.