News Snapshot:
Sinopec Shanghai Petrochemical Company Limited ( NYSE:SHI – Get Rating ) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 3,200 shares, a decrease of 22.0% from the April 15th total of 4,100 shares. Based on an average trading volume of 14,100 shares, the days-to-cover ratio is presently 0.2 days. A number of research analysts have recently commented on SHI shares. StockNews.com assumed coverage on Sinopec Shanghai Petrochemical in a research report on Sunday, May 8th. They set a “buy” rating for the company. JPMorgan...
