Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) Short Interest Down 61.1% in January

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 26,848 shares, a decline of 61.1% from the January 15th total of 69,030 shares. Based on an average daily trading volume, of 137,268 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 137,268 shares, the days-to-cover ratio is currently 0.2 days.

Singapore Telecommunications Stock Performance

OTCMKTS SGAPY opened at $38.03 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.15 and a current ratio of 1.20. Singapore Telecommunications has a fifty-two week low of $24.27 and a fifty-two week high of $39.12. The business has a 50 day moving average price of $35.68 and a two-hundred day moving average price of $34.22.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited (OTCMKTS: SGAPY), commonly known as Singtel, is a Singapore-based telecommunications and information communications technology (ICT) group. The company’s core consumer services include mobile and fixed-line telephony, broadband internet, and pay-TV and content distribution. Singtel also provides a range of enterprise solutions such as managed services, cloud and data center offerings, cybersecurity, Internet of Things (IoT) connectivity and systems integration for corporate and public-sector customers.

Beyond its domestic market, Singtel operates as a regional hub through subsidiaries and strategic investments.