Singapore Telecommunications Limited (OTCMKTS:SGAPY) Short Interest Update

Singapore Telecommunications Limited (OTCMKTS:SGAPY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 44,000 shares, an increase of 53.8% from the November 30th total of 28,600 shares. Based on an average trading volume of 131,900 shares, the days-to-cover ratio is presently 0.3 days.

Singapore Telecommunications Stock Performance

Shares of SGAPY traded up $0.01 during trading hours on Friday, reaching $22.73. 20,816 shares of the company traded hands, compared to its average volume of 51,951. The stock has a fifty day simple moving average of $23.32 and a 200 day simple moving average of $22.96. Singapore Telecommunications has a fifty-two week low of $16.70 and a fifty-two week high of $26.75. 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 Increases Dividend

The company also recently declared a dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, November 25th were paid a dividend of $0.6633 per share. This is a boost from Singapore Telecommunications’s previous dividend of $0.56. The ex-dividend date was 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.