Short Interest in Singapore Airlines Limited (OTCMKTS:SINGF) Rises By 19.9%

Singapore Airlines Limited (OTCMKTS:SINGF) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 16,395,800 shares, a growth of 19.9% from the July 31st total of 13,676,300 shares. Based on an average trading volume of 13,500 shares, the days-to-cover ratio is presently 1,214.5 days.

Singapore Airlines Stock Up 0.2 %

Shares of SINGF stock traded up $0.01 on Friday, hitting $4.80. 2,200 shares of the stock were exchanged, compared to its average volume of 4,220. Singapore Airlines has a one year low of $4.01 and a one year high of $5.40. The firm’s 50 day moving average is $4.92 and its two-hundred day moving average is $4.88.

Singapore Airlines Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, August 21st. Investors of record on Friday, August 2nd were issued a dividend of $0.38 per share. The ex-dividend date was Thursday, August 1st. This represents a yield of 5.23%. Singapore Airlines’s dividend payout ratio (DPR) is 122.81%.

About Singapore Airlines

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.