China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Short Interest Down 18.0% in February

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 34,659,300 shares, a drop of 18.0% from the February 13th total of 42,243,300 shares. Based on an average daily trading volume, of 40,000 shares, the days-to-cover ratio is currently 866.5 days.

China Petroleum & Chemical Stock Performance

Shares of SNPMF stock traded up $0.04 during trading hours on Tuesday, hitting $0.58. 812 shares of the company were exchanged, compared to its average volume of 19,063. China Petroleum & Chemical has a fifty-two week low of $0.50 and a fifty-two week high of $0.70. The company has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.57.

China Petroleum & Chemical Company Profile

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.