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

SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 56,040 shares, a decrease of 62.4% from the July 30th total of 149,040 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

SINOPEC Engineering (Group) Stock Performance

OTCMKTS:SENGF opened at $0.67 on Friday. SINOPEC Engineering has a 52-week low of $0.67 and a 52-week high of $1.00. The business’s fifty day moving average is $0.77 and its 200 day moving average is $0.82.

Institutional Trading of SINOPEC Engineering (Group)

A hedge fund recently bought a new position in SINOPEC Engineering (Group) stock. Ancora Advisors LLC bought a new position in SINOPEC Engineering (Group) Co., Ltd. (OTCMKTS:SENGF) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 31,427 shares of the company’s stock, valued at approximately $3,960,000.

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.