Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 161,947 shares, a growth of 341.4% from the March 15th total of 36,693 shares. Based on an average daily trading volume, of 164,652 shares, the days-to-cover ratio is currently 1.0 days.

Singapore Airlines Stock Performance

Shares of OTCMKTS SINGY opened at $10.41 on Monday. The company has a 50-day moving average price of $10.52 and a 200-day moving average price of $10.17. Singapore Airlines has a 1 year low of $8.98 and a 1 year high of $11.77.

About Singapore Airlines

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.