Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 10,100 shares, a decrease of 32.7% from the December 31st total of 15,000 shares. Based on an average daily trading volume, of 52,300 shares, the days-to-cover ratio is currently 0.2 days.
Singapore Airlines Stock Performance
Shares of SINGY opened at $9.27 on Friday. The company has a 50 day moving average of $9.33 and a two-hundred day moving average of $9.59. Singapore Airlines has a twelve month low of $8.63 and a twelve month high of $10.99.
Singapore Airlines Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, November 26th were given a $0.1494 dividend. The ex-dividend date was Tuesday, November 26th. Singapore Airlines’s payout ratio 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.
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