SATS Ltd. (OTCMKTS:SPASF) Short Interest Update

SATS Ltd. (OTCMKTS:SPASF) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 482,244 shares, a drop of 70.3% from the May 31st total of 1,624,044 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

SATS Stock Performance

Shares of OTCMKTS:SPASF opened at $3.27 on Friday. SATS has a twelve month low of $2.28 and a twelve month high of $3.27. The firm’s 50 day moving average price is $2.74 and its 200-day moving average price is $2.72.

About SATS

SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Asia Pacific, the United States, Europe, Middle East, Africa, and internationally. It operates through three segments: Food Solutions, Gateway Services, and Others. The Food Solutions segment offers inflight and institutional catering; food processing, distribution services, and airline laundry services. Its Gateway Services segment provides airport services, which include airfreight handling services, passenger services, aviation security services, baggage handling services, and apron services, as well as cruise terminal services; and manages and operates marine bay cruise center.