Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Down 31.3% in June

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,100 shares, a drop of 31.3% from the May 31st total of 1,600 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is presently 0.4 days.

Singapore Exchange Trading Down 1.1 %

SPXCY traded down $1.17 during trading on Friday, hitting $104.41. 2,193 shares of the stock were exchanged, compared to its average volume of 2,781. Singapore Exchange has a 1 year low of $98.07 and a 1 year high of $112.74. The firm has a 50 day simple moving average of $104.42 and a 200 day simple moving average of $105.18.

Singapore Exchange Cuts Dividend

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