Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Declines By 37.0%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 69,400 shares, a drop of 37.0% from the January 15th total of 110,100 shares. Based on an average trading volume of 65,000 shares, the short-interest ratio is presently 1.1 days.

Singapore Telecommunications Stock Performance

SGAPY stock opened at $25.25 on Thursday. The company has a fifty day moving average price of $23.17 and a 200 day moving average price of $23.51. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37. Singapore Telecommunications has a 12 month low of $16.70 and a 12 month high of $26.75.

Singapore Telecommunications Company Profile

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.