SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) Sees Significant Decrease in Short Interest

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 859,147 shares, a decline of 30.2% from the December 15th total of 1,230,093 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

SINOPEC Engineering (Group) Stock Performance

Shares of SENGF stock opened at $0.79 on Monday. SINOPEC Engineering has a 12-month low of $0.65 and a 12-month high of $0.83. The firm’s 50 day moving average is $0.79 and its 200 day moving average is $0.78.

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.