Short Interest in SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) Expands By 31.5%

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) saw a large growth in short interest in 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 daily volume of 40 shares, the days-to-cover ratio is currently 3,498.1 days.

SINOPEC Engineering (Group) Stock Performance

SINOPEC Engineering (Group) stock opened at $0.80 on Friday. The business’s 50 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.

SINOPEC Engineering (Group) Company Profile

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.