Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Update

Singapore Exchange Limited (OTCMKTS:SPXCYGet Rating) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 3,500 shares, a growth of 20.7% from the April 15th total of 2,900 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 2.5 days.

Separately, Citigroup raised Singapore Exchange from a “sell” rating to a “buy” rating in a research report on Monday, February 7th.

SPXCY traded up $0.44 during trading hours on Wednesday, reaching $105.05. 547 shares of the company’s stock traded hands, compared to its average volume of 1,628. Singapore Exchange has a 52-week low of $97.51 and a 52-week high of $133.13. The firm has a 50-day moving average price of $107.13 and a 200 day moving average price of $105.69.

The company also recently announced a dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Monday, May 9th will be issued a $0.82 dividend. This represents a dividend yield of 3.15%. The ex-dividend date is Friday, May 6th.

About Singapore Exchange (Get Rating)

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.

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