Short Interest in Singapore Airlines Limited (OTCMKTS:SINGY) Decreases By 70.0%

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a significant drop in short interest in May. As of May 31st, there was short interest totalling 4,800 shares, a drop of 70.0% from the May 15th total of 16,000 shares. Based on an average trading volume of 39,800 shares, the days-to-cover ratio is currently 0.1 days.

Singapore Airlines Price Performance

OTCMKTS SINGY traded down $0.19 during trading on Friday, hitting $10.77. The company’s stock had a trading volume of 13,953 shares, compared to its average volume of 29,063. The business’s 50 day simple moving average is $10.38 and its 200-day simple moving average is $9.85. Singapore Airlines has a fifty-two week low of $8.63 and a fifty-two week high of $11.32.

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.