Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Increases By 33.9%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 30,400 shares, a growth of 33.9% from the October 31st total of 22,700 shares. Based on an average daily trading volume, of 38,700 shares, the days-to-cover ratio is presently 0.8 days.

Singapore Telecommunications Stock Up 2.4 %

OTCMKTS:SGAPY traded up $0.55 during mid-day trading on Friday, reaching $23.05. The company’s stock had a trading volume of 16,900 shares, compared to its average volume of 21,289. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.45. Singapore Telecommunications has a 1 year low of $16.57 and a 1 year high of $26.75. The stock has a fifty day moving average of $24.02 and a 200-day moving average of $22.33.

Singapore Telecommunications Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, November 25th will be issued a dividend of $0.6633 per share. This is a positive change from Singapore Telecommunications’s previous dividend of $0.56. The ex-dividend date of this dividend is Monday, November 25th.

About Singapore Telecommunications

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.