News Snapshot:
Short Interest in Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) Declines By 38.9% Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 11,000 shares, a drop of 38.9% from the March 15th total of 18,000 shares. Based on an average trading volume of 28,400 shares, the days-to-cover ratio is currently 0.4 days. Institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC lifted its holdings in shares of Sinopec Shanghai Petrochemical by 49.1% during the 4th quarter....
