Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 15,000 shares, an increase of 36.4% from the November 30th total of 11,000 shares. Based on an average daily volume of 57,800 shares, the short-interest ratio is presently 0.3 days.
Singapore Airlines Stock Performance
SINGY opened at $9.44 on Friday. The business has a fifty day simple moving average of $9.46 and a 200 day simple moving average of $9.73. Singapore Airlines has a 1 year low of $8.63 and a 1 year high of $10.99.
Singapore Airlines Cuts Dividend
The firm also recently announced 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 presently 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.
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