Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Rises By 28.3%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 145,700 shares, a growth of 28.3% from the June 30th total of 113,600 shares. Based on an average daily trading volume, of 52,500 shares, the short-interest ratio is presently 2.8 days.

Singapore Telecommunications Stock Up 0.7 %

Singapore Telecommunications stock traded up $0.16 during mid-day trading on Monday, reaching $22.73. The company’s stock had a trading volume of 18,100 shares, compared to its average volume of 66,636. Singapore Telecommunications has a 12-month low of $16.38 and a 12-month high of $22.92. The firm’s fifty day moving average price is $20.02 and its two-hundred day moving average price is $18.58.

Singapore Telecommunications Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, August 27th. Investors of record on Friday, August 2nd will be paid a $0.5649 dividend. This is a positive change from Singapore Telecommunications’s previous dividend of $0.36. The ex-dividend date of this dividend is Friday, August 2nd.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, and internationally. The company operates through Optus, Singapore Consumer, Group Enterprise, NCS, Trustwave, and Amobee segments.