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

China Petroleum & Chemical Co. (OTCMKTS:SNPMF) was the recipient of a large decrease in short interest in 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 trading volume, of 333,300 shares, the days-to-cover ratio is presently 13.6 days.

China Petroleum & Chemical Stock Up 1.5 %

Shares of OTCMKTS:SNPMF traded up $0.01 during midday trading on Friday, reaching $0.61. The company’s stock had a trading volume of 74,101 shares, compared to its average volume of 99,516. China Petroleum & Chemical has a 12-month low of $0.45 and a 12-month high of $0.69. The firm has a 50 day moving average of $0.56 and a 200-day 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.