Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Up 25.0% in September

Singapore Airlines Limited (OTCMKTS:SINGY) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 500 shares, a growth of 25.0% from the August 31st total of 400 shares. Based on an average daily trading volume, of 99,900 shares, the days-to-cover ratio is currently 0.0 days.

Singapore Airlines Price Performance

OTCMKTS:SINGY traded up $0.08 during midday trading on Friday, hitting $10.22. 10,254 shares of the stock were exchanged, compared to its average volume of 34,275. Singapore Airlines has a one year low of $8.62 and a one year high of $10.99. The business has a 50-day moving average price of $9.67 and a two-hundred day moving average price of $9.77.

Singapore Airlines Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Friday, August 2nd were issued a $0.5132 dividend. This is a positive change from Singapore Airlines’s previous dividend of $0.13. The ex-dividend date was Friday, August 2nd. Singapore Airlines’s dividend payout ratio 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.