Short Interest in Singapore Airlines Limited (OTCMKTS:SINGY) Increases By 36.4%

Singapore Airlines Limited (OTCMKTS:SINGY) saw a large growth in short interest in the month of 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 trading volume of 57,800 shares, the short-interest ratio is presently 0.3 days.

Singapore Airlines Trading Up 0.0 %

SINGY traded up $0.00 during midday trading on Friday, hitting $9.44. The company had a trading volume of 45,530 shares, compared to its average volume of 34,348. The stock’s 50 day moving average price is $9.46 and its 200 day moving average price is $9.73. Singapore Airlines has a 52 week low of $8.63 and a 52 week high of $10.99.

Singapore Airlines Cuts Dividend

The company also recently declared 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 payout ratio is currently 117.21%.

Singapore Airlines Company Profile

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.