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

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 332,540 shares, an increase of 730.5% from the October 15th total of 40,040 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.

SINOPEC Engineering (Group) Stock Performance

Shares of OTCMKTS:SENGF remained flat at $0.67 during trading on Thursday. The firm has a fifty day simple moving average of $0.66 and a 200 day simple moving average of $0.78. SINOPEC Engineering has a fifty-two week low of $0.67 and a fifty-two week high of $1.00.

About SINOPEC Engineering (Group)

SINOPEC Engineering (Group) Co., Ltd. provides engineering and construction services for the energy and chemical industries. Its work includes project consulting, engineering design, procurement, construction, and commissioning, as well as equipment manufacturing and technical services. The company serves projects across the petroleum refining, petrochemical, and related industries, including facilities and infrastructure for processing and production. It undertakes work in China and internationally.