Short Interest in China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Expands By 1,276.4%

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 47,450,200 shares, a growth of 1,276.4% from the October 15th total of 3,447,300 shares. Based on an average daily trading volume, of 34,200 shares, the days-to-cover ratio is currently 1,387.4 days.

China Petroleum & Chemical Trading Down 0.6 %

Shares of OTCMKTS:SNPMF traded down $0.00 during midday trading on Wednesday, hitting $0.54. 121,945 shares of the company’s stock were exchanged, compared to its average volume of 93,082. China Petroleum & Chemical has a 12 month low of $0.45 and a 12 month high of $0.70. The stock has a 50 day moving average price of $0.60 and a 200-day moving average price of $0.61.

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.