Singapore Telecommunications Limited (OTCMKTS:SGAPY) Short Interest Down 37.0% in January

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 69,400 shares, a drop of 37.0% from the January 15th total of 110,100 shares. Based on an average daily trading volume, of 65,000 shares, the days-to-cover ratio is presently 1.1 days.

Singapore Telecommunications Stock Performance

Shares of OTCMKTS SGAPY opened at $25.25 on Thursday. Singapore Telecommunications has a 52 week low of $16.70 and a 52 week high of $26.75. The firm has a 50-day moving average price of $23.17 and a 200 day moving average price of $23.51. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.