Singapore Airlines Limited (OTCMKTS:SINGY) Sees Significant Increase in Short Interest

Singapore Airlines Limited (OTCMKTS:SINGY) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 15,048 shares, a growth of 23.7% from the January 29th total of 12,164 shares. Based on an average daily volume of 49,090 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 49,090 shares, the short-interest ratio is currently 0.3 days.

Singapore Airlines Trading Down 1.2%

SINGY opened at $10.56 on Wednesday. Singapore Airlines has a twelve month low of $8.78 and a twelve month high of $11.77. The company has a fifty day moving average of $10.32 and a 200-day moving average of $10.14.

Singapore Airlines Company Profile

Singapore Airlines (OTCMKTS:SINGY) is the flag carrier airline of Singapore, providing scheduled air passenger and cargo services to destinations across Asia, Europe, North America, the Middle East, Africa and Oceania. Headquartered at Singapore Changi Airport, the carrier operates a modern fleet of wide-body and narrow-body aircraft, offering premium, business and economy class cabins designed to meet the needs of leisure travellers, business executives and freight customers alike.

Since its establishment on May 1, 1972—following the split of Malaysia–Singapore Airlines—Singapore Airlines has grown from a regional operator into a globally recognized brand.