Short Interest in China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Rises By 40.6%

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) saw 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 days-to-cover ratio is presently 71.4 days.

China Petroleum & Chemical Stock Performance

OTCMKTS:SNPMF traded down $0.01 during trading hours on Friday, reaching $0.53. The company’s stock had a trading volume of 53,800 shares, compared to its average volume of 89,594. The stock has a 50 day moving average price of $0.55 and a two-hundred day moving average price of $0.59. China Petroleum & Chemical has a 12 month low of $0.45 and a 12 month 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.