Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGYGet Free Report) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 2,600 shares, a decrease of 23.5% from the October 15th total of 3,400 shares. Based on an average daily volume of 46,800 shares, the short-interest ratio is currently 0.1 days.

Singapore Airlines Price Performance

SINGY opened at $9.35 on Friday. The company’s 50 day simple moving average is $9.84 and its 200-day simple moving average is $9.85. Singapore Airlines has a one year low of $8.63 and a one year high of $10.99.

Singapore Airlines Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be given a $0.1494 dividend. The ex-dividend date is Tuesday, November 26th. Singapore Airlines’s payout ratio is 117.21%.

Singapore Airlines Company Profile

(Get Free Report)

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.

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