China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Short Interest Update

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 65,755,800 shares, a growth of 113.8% from the May 15th total of 30,750,500 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is presently 4,034.1 days.

China Petroleum & Chemical Stock Performance

OTCMKTS:SNPMF opened at $0.51 on Monday. China Petroleum & Chemical has a 12-month low of $0.46 and a 12-month high of $0.70. The business has a 50 day simple moving average of $0.51 and a 200 day simple moving average of $0.53.

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.