China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Sees Large Decrease in Short Interest

by · The Cerbat Gem

China Petroleum & Chemical Co. (OTCMKTS:SNPMF – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totalling 6,186,800 shares, a decrease of 49.2% from the September 15th total of 12,174,000 shares. Based on an average daily trading volume, of 66,400 shares, the short-interest ratio is presently 93.2 days.

China Petroleum & Chemical Trading Down 5.1 %

Shares of OTCMKTS SNPMF traded down $0.03 during mid-day trading on Friday, hitting $0.63. 26,500 shares of the company traded hands, compared to its average volume of 97,071. The business has a 50 day moving average of $0.62 and a two-hundred day moving average of $0.61. China Petroleum & Chemical has a 1 year low of $0.45 and a 1 year high of $0.70.

About China Petroleum & Chemical

(Get Free Report)

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.

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