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

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) saw a significant drop in short interest in 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 Up 7.4 %

Shares of SNPMF traded up $0.04 during midday trading on Tuesday, reaching $0.58. 812 shares of the stock were exchanged, compared to its average volume of 19,063. The stock’s 50 day simple moving average is $0.55 and its 200 day simple moving average is $0.57. China Petroleum & Chemical has a twelve month low of $0.50 and a twelve month high of $0.70.

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.