Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Rises By 38.6%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 79,300 shares, a growth of 38.6% from the February 28th total of 57,200 shares. Based on an average daily trading volume, of 55,400 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the shares of the company are sold short.

Singapore Telecommunications Price Performance

OTCMKTS:SGAPY traded down $0.15 during mid-day trading on Tuesday, hitting $25.44. 55,988 shares of the stock traded hands, compared to its average volume of 28,518. Singapore Telecommunications has a 12-month low of $16.94 and a 12-month high of $26.85. The business’s 50-day moving average price is $24.84 and its 200 day moving average price is $24.07. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.92 and a quick ratio of 0.89.

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.