Genting Singapore Limited (OTCMKTS:GIGNY) Sees Significant Growth in Short Interest

Genting Singapore Limited (OTCMKTS:GIGNY) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 200 shares, an increase of 100.0% from the September 15th total of 100 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 0.3 days.

Genting Singapore Stock Performance

OTCMKTS GIGNY remained flat at $33.50 during trading hours on Friday. The company had a trading volume of 23 shares, compared to its average volume of 454. The business’s 50 day moving average price is $31.74 and its 200-day moving average price is $32.53. Genting Singapore has a twelve month low of $27.80 and a twelve month high of $38.13.

Genting Singapore Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, August 29th were paid a $0.7074 dividend. This is a boost from Genting Singapore’s previous dividend of $0.66. The ex-dividend date was Thursday, August 29th.

About Genting Singapore

Genting Singapore Limited, an investment holding company, primarily engages in the construction, development, and operation of integrated resort destinations in Asia. The company owns Resorts World Sentosa, a destination resort located on Singapore's resort island of Sentosa featuring S.E.A. Aquarium, an aquarium; Adventure Cove Waterpark, an aquatic park integrated with marine life; Universal Studios Singapore, a Universal Studios theme park; ESPA, a destination spa; indoor and outdoor MICE venues; and various dining, retail, and entertainment options.