Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 36,693 shares, a growth of 222.5% from the February 26th total of 11,379 shares. Based on an average trading volume of 81,384 shares, the days-to-cover ratio is presently 0.5 days.

Singapore Airlines Stock Performance

Shares of OTCMKTS SINGY opened at $10.47 on Thursday. Singapore Airlines has a 1-year low of $8.78 and a 1-year high of $11.77. The business has a fifty day moving average price of $10.42 and a 200 day moving average price of $10.15.

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.