Short Interest in China Petroleum & Chemical Co. (OTCMKTS:SNPMF) Decreases By 43.5%

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 4,528,000 shares, a decrease of 43.5% from the March 31st total of 8,010,000 shares. Based on an average daily volume of 333,300 shares, the short-interest ratio is currently 13.6 days.

China Petroleum & Chemical Stock Up 2.1 %

SNPMF stock traded up $0.01 during mid-day trading on Friday, reaching $0.60. The company’s stock had a trading volume of 362,600 shares, compared to its average volume of 98,095. China Petroleum & Chemical has a fifty-two week low of $0.45 and a fifty-two week high of $0.69. The company’s 50 day moving average is $0.56 and its two-hundred day moving average is $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.