Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 292,532 shares, an increase of 80.6% from the March 31st total of 161,947 shares. Based on an average trading volume of 224,159 shares, the days-to-cover ratio is currently 1.3 days.

Singapore Airlines Price Performance

Shares of SINGY stock opened at $9.96 on Monday. The stock’s 50 day simple moving average is $10.47 and its 200 day simple moving average is $10.18. Singapore Airlines has a twelve month low of $9.28 and a twelve month high of $11.77.

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.