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

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the recipient of a large increase in short interest during 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 short-interest ratio is presently 71.4 days.

China Petroleum & Chemical Stock Performance

Shares of SNPMF stock traded down $0.01 during trading hours on Friday, reaching $0.53. 53,800 shares of the company’s stock were exchanged, compared to its average volume of 89,594. China Petroleum & Chemical has a fifty-two week low of $0.45 and a fifty-two week high of $0.70. The stock’s 50 day moving average is $0.55 and its 200-day moving average is $0.59.

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.