Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 15,000 shares, a growth of 36.4% from the November 30th total of 11,000 shares. Based on an average daily volume of 57,800 shares, the days-to-cover ratio is currently 0.3 days.

Singapore Airlines Trading Down 0.1 %

OTCMKTS SINGY traded down $0.01 during trading hours on Monday, reaching $9.43. 20,380 shares of the company’s stock traded hands, compared to its average volume of 34,292. Singapore Airlines has a 52-week low of $8.63 and a 52-week high of $10.99. The firm has a 50-day simple moving average of $9.46 and a 200 day simple moving average of $9.73.

Singapore Airlines Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th were issued a $0.1494 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. Singapore Airlines’s dividend payout ratio (DPR) is 117.21%.

About Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.