Singapore Telecommunications Limited (OTCMKTS:SGAPY) Short Interest Update

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 1,400 shares, a decline of 91.4% from the August 15th total of 16,300 shares. Based on an average daily volume of 36,800 shares, the days-to-cover ratio is currently 0.0 days.

Singapore Telecommunications Price Performance

Shares of OTCMKTS:SGAPY traded up $0.04 during trading on Friday, hitting $25.19. 54,004 shares of the stock traded hands, compared to its average volume of 60,810. The company has a fifty day moving average price of $22.68 and a two-hundred day moving average price of $19.79. Singapore Telecommunications has a 52-week low of $16.38 and a 52-week high of $25.29.

Singapore Telecommunications Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 27th. Investors of record on Friday, August 2nd were issued a $0.5649 dividend. The ex-dividend date was Friday, August 2nd. This is a positive change from Singapore Telecommunications’s previous dividend of $0.36.

About Singapore Telecommunications

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, and internationally. The company operates through Optus, Singapore Consumer, Group Enterprise, NCS, Trustwave, and Amobee segments.