Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 2,600 shares, a decline of 23.5% from the October 15th total of 3,400 shares. Based on an average daily trading volume, of 46,800 shares, the short-interest ratio is currently 0.1 days.

Singapore Airlines Price Performance

Singapore Airlines stock traded up $0.08 during trading hours on Friday, hitting $9.35. The company had a trading volume of 43,689 shares, compared to its average volume of 34,513. Singapore Airlines has a 1 year low of $8.63 and a 1 year high of $10.99. The company has a 50-day moving average price of $9.84 and a two-hundred day moving average price of $9.85.

Singapore Airlines Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be given a $0.1494 dividend. The ex-dividend date is Tuesday, November 26th. Singapore Airlines’s dividend payout ratio (DPR) is 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.