Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Declines By 41.8%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 24,400 shares, a decline of 41.8% from the March 31st total of 41,900 shares. Based on an average daily volume of 116,100 shares, the short-interest ratio is presently 0.2 days.

Singapore Telecommunications Price Performance

Singapore Telecommunications stock traded up $0.15 during mid-day trading on Friday, reaching $17.68. The stock had a trading volume of 135,040 shares, compared to its average volume of 52,849. The company has a 50-day moving average price of $17.86 and a two-hundred day moving average price of $17.72. Singapore Telecommunications has a one year low of $16.38 and a one year high of $20.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.11 and a current ratio of 1.15.

About Singapore Telecommunications

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, and internationally. The company operates through Optus, Singapore Consumer, Group Enterprise, NCS, Trustwave, and Amobee segments.