SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) Short Interest Update

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 139,925 shares, a growth of 31.5% from the February 26th total of 106,425 shares. Based on an average trading volume of 40 shares, the days-to-cover ratio is currently 3,498.1 days.

SINOPEC Engineering (Group) Stock Performance

Shares of SINOPEC Engineering (Group) stock opened at $0.80 on Friday. The business’s fifty day simple moving average is $0.90 and its 200 day simple moving average is $0.83. SINOPEC Engineering has a 12 month low of $0.80 and a 12 month high of $1.00.

About SINOPEC Engineering (Group)

Sinopec Engineering (Group) Co, Ltd. (OTCMKTS: SENGF) is a leading engineering, procurement and construction (EPC) contractor serving the petroleum and chemical industries. As a subsidiary of China Petroleum & Chemical Corporation (Sinopec), the company specializes in the design and delivery of complex refining, petrochemical and chemical projects. Its service offerings encompass front‐end engineering and design (FEED), detailed engineering, procurement of equipment and materials, project management, construction supervision and start‐up support.