Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Down 94.1% in December

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 13,700 shares, a drop of 94.1% from the November 30th total of 230,600 shares. Based on an average daily volume of 73,500 shares, the days-to-cover ratio is presently 0.2 days.

Singapore Exchange Price Performance

Shares of SPXCY traded down $0.32 on Friday, hitting $18.35. 9,613 shares of the stock traded hands, compared to its average volume of 24,949. Singapore Exchange has a one year low of $13.08 and a one year high of $20.41. The business has a 50 day simple moving average of $61.15 and a 200 day simple moving average of $98.38.

Singapore Exchange Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Tuesday, November 12th were issued a $0.969 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. Singapore Exchange’s payout ratio is 89.27%.

Singapore Exchange Company Profile

Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.