Short Interest in Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) Declines By 70.5%

Short Interest in Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) Declines By 70.5% Tweet Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 4,100 shares, a decrease of 70.5% from the December 31st total of 13,900 shares. Based on an average trading volume of 40,500 shares, the days-to-cover ratio is presently 0.1 days. Shares of SHI stock opened at $22.67 on Friday. Sinopec Shanghai Petrochemical has a 52-week low of $17.03 and a 52-week high of $28.96. The stock's 50-day…