Short Interest in Singapore Airlines Limited (OTCMKTS:SINGY) Rises By 52.5%

Singapore Airlines Limited (OTCMKTS:SINGY) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 21,200 shares, an increase of 52.5% from the February 13th total of 13,900 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is presently 0.4 days.

Singapore Airlines Price Performance

OTCMKTS SINGY opened at $10.03 on Friday. The company’s 50 day moving average is $9.56 and its 200-day moving average is $9.61. Singapore Airlines has a 12-month low of $8.63 and a 12-month high of $10.75.

About Singapore Airlines

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.