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

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 123,500 shares, a decline of 85.6% from the December 31st total of 859,147 shares. Based on an average daily volume of 15 shares, the days-to-cover ratio is currently 8,233.3 days. Based on an average daily volume of 15 shares, the days-to-cover ratio is currently 8,233.3 days.

SINOPEC Engineering (Group) Stock Performance

OTCMKTS:SENGF opened at $0.79 on Wednesday. SINOPEC Engineering has a 12 month low of $0.65 and a 12 month high of $0.83. The firm has a fifty day simple moving average of $0.79 and a two-hundred day simple moving average of $0.79.

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.