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

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 52,166,500 shares, an increase of 50.5% from the February 28th total of 34,659,300 shares. Based on an average daily trading volume, of 7,200 shares, the short-interest ratio is currently 7,245.3 days.

China Petroleum & Chemical Stock Performance

OTCMKTS:SNPMF traded down $0.01 during trading hours on Monday, reaching $0.53. The stock had a trading volume of 1,000 shares, compared to its average volume of 18,342. China Petroleum & Chemical has a 52 week low of $0.50 and a 52 week high of $0.70. The company has a 50 day moving average price of $0.55 and a two-hundred day moving average price 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.