Sinopec Shanghai Petrochemical Company Limited (OTCMKTS:SPTJF) Short Interest Up 20.8% in June

Sinopec Shanghai Petrochemical Company Limited (OTCMKTS:SPTJF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 4,219,600 shares, an increase of 20.8% from the May 31st total of 3,494,000 shares. Based on an average daily volume of 27,800 shares, the short-interest ratio is presently 151.8 days.

Sinopec Shanghai Petrochemical Price Performance

Shares of SPTJF stock opened at $0.12 on Tuesday. Sinopec Shanghai Petrochemical has a 1 year low of $0.05 and a 1 year high of $0.29. The company’s fifty day simple moving average is $0.14 and its two-hundred day simple moving average is $0.13.

About Sinopec Shanghai Petrochemical

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum and chemical products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products.