SATS Ltd. (OTCMKTS:SPASF – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 4,634,250 shares, a growth of 174.5% from the August 31st total of 1,688,419 shares. Based on an average trading volume of 2,340 shares, the short-interest ratio is currently 1,980.4 days.
SATS Price Performance
Shares of OTCMKTS:SPASF opened at $3.00 on Monday. SATS has a 52 week low of $2.28 and a 52 week high of $3.84. The company’s 50 day moving average is $3.40 and its two-hundred day moving average is $3.09.
SATS Company Profile
SATS Ltd. is a Singapore-based provider of food solutions and gateway services for the aviation, hospitality and wider transport industries. The company supplies airline catering, institutional and commercial food services, food distribution, and related logistics solutions. Its gateway services include airport ground handling, cargo handling, baggage handling, passenger services and aircraft maintenance support.
The company was established in 1972 as Singapore Airport Terminal Services, initially serving Singapore Changi Airport and Singapore Airlines.
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