Short Interest in Singapore Airlines Limited (OTCMKTS:SINGY) Drops By 25.6%

Singapore Airlines Limited (OTCMKTS:SINGY) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 26,200 shares, a decrease of 25.6% from the May 15th total of 35,200 shares. Based on an average daily trading volume, of 68,600 shares, the days-to-cover ratio is presently 0.4 days.

Singapore Airlines Stock Performance

OTCMKTS:SINGY traded down $0.01 during trading hours on Friday, hitting $10.00. The company’s stock had a trading volume of 21,796 shares, compared to its average volume of 29,665. The stock has a fifty day moving average of $9.75 and a 200-day moving average of $9.73. Singapore Airlines has a 52-week low of $8.62 and a 52-week high of $11.90.

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.