Short Interest in SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) Drops By 50.8%

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF – Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 76,425 shares, a decline of 50.8% from the April 15th total of 155,425 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 38,212.5 days.

SINOPEC Engineering (Group) Stock Performance

Shares of SENGF stock remained flat at $0.80 during mid-day trading on Friday. SINOPEC Engineering has a fifty-two week low of $0.80 and a fifty-two week high of $1.00. The stock’s 50-day moving average price is $0.84 and its two-hundred day moving average price is $0.83.

SINOPEC Engineering (Group) Company Profile

(Get Free Report)

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.

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