Short Interest in Singapore Exchange Limited (OTCMKTS:SPXCY) Declines By 33.3%

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 400 shares, a drop of 33.3% from the August 31st total of 600 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is currently 0.1 days.

Singapore Exchange Price Performance

Singapore Exchange stock opened at $130.70 on Friday. Singapore Exchange has a 1-year low of $98.07 and a 1-year high of $135.63. The business has a fifty day moving average price of $120.60 and a 200-day moving average price of $109.99.

Singapore Exchange Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Friday, October 18th will be issued a $0.9931 dividend. The ex-dividend date of this dividend is Friday, October 18th. This is a boost from Singapore Exchange’s previous dividend of $0.89. Singapore Exchange’s payout ratio is 89.27%.

About Singapore Exchange

Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.