StarHub Ltd (OTCMKTS:SRHBY) Short Interest Down 62.5% in May

StarHub Ltd (OTCMKTS:SRHBY) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 600 shares, a decrease of 62.5% from the May 15th total of 1,600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 3.0 days.

StarHub Stock Performance

StarHub stock remained flat at $9.38 during mid-day trading on Friday. The stock has a 50 day moving average of $9.21 and a 200-day moving average of $9.11. StarHub has a fifty-two week low of $8.33 and a fifty-two week high of $9.65.

StarHub Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Shareholders of record on Thursday, May 1st were issued a dividend of $0.1919 per share. This represents a dividend yield of 4.34%. The ex-dividend date of this dividend was Wednesday, April 30th. This is an increase from StarHub’s previous dividend of $0.18. StarHub’s dividend payout ratio is 86.42%.

StarHub Company Profile

StarHub Ltd provides communications, entertainment, and digital solutions for individuals and corporations in Singapore. It operates through two segments, Telecommunications and Cyber Security. The company provides television subscription and broadcasting services; broadband access, high speed wholesale broadband, and information security systems integration services; and security consultancy services; and information security and network security surveillance services.