Singapore Airlines Limited (OTCMKTS:SINGY) Sees Significant Growth in Short Interest

Singapore Airlines Limited (OTCMKTS:SINGY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 21,200 shares, an increase of 52.5% from the February 13th total of 13,900 shares. Based on an average daily volume of 47,900 shares, the days-to-cover ratio is presently 0.4 days.

Singapore Airlines Price Performance

OTCMKTS SINGY opened at $10.03 on Monday. The business has a fifty day moving average price of $9.56 and a 200 day moving average price of $9.61. Singapore Airlines has a one year low of $8.63 and a one year high of $10.75.

Singapore Airlines Company Profile

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.