Singapore Exchange Limited (OTCMKTS:SPXCY) Sees Significant Growth in Short Interest

Singapore Exchange Limited (OTCMKTS:SPXCY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 2,200 shares, an increase of 144.4% from the June 30th total of 900 shares. Based on an average trading volume of 12,100 shares, the days-to-cover ratio is presently 0.2 days.

Singapore Exchange Trading Down 1.0 %

OTCMKTS:SPXCY traded down $1.10 during trading hours on Friday, reaching $108.51. The company had a trading volume of 2,072 shares, compared to its average volume of 3,378. Singapore Exchange has a 1-year low of $98.07 and a 1-year high of $112.74. The business’s 50 day moving average price is $106.44 and its 200-day moving average price is $105.04.

Singapore Exchange Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 28th. Stockholders of record on Monday, May 6th were given a dividend of $0.8867 per share. This represents a dividend yield of 3.45%. The ex-dividend date was Friday, May 3rd. Singapore Exchange’s dividend payout ratio (DPR) is presently 89.27%.

About Singapore Exchange

Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.