Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) Short Interest Update

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 21,730 shares, a decline of 46.8% from the March 15th total of 40,836 shares. Based on an average daily volume of 85,237 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Singapore Telecommunications Stock Up 0.3%

SGAPY stock opened at $38.62 on Tuesday. Singapore Telecommunications has a one year low of $26.07 and a one year high of $41.20. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.20 and a quick ratio of 1.15. The firm has a 50-day simple moving average of $39.05 and a two-hundred day simple moving average of $36.27.

About Singapore Telecommunications

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.