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

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the target of a large increase in short interest during the month of 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 trading volume of 203,200 shares, the short-interest ratio is currently 97.9 days.

China Petroleum & Chemical Trading Up 3.2 %

SNPMF stock traded up $0.02 during midday trading on Friday, reaching $0.61. 33,950 shares of the company’s stock traded hands, compared to its average volume of 99,177. The company has a 50-day simple moving average of $0.63 and a two-hundred day simple moving average of $0.58. China Petroleum & Chemical has a 1-year low of $0.45 and a 1-year 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.