Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 161,947 shares, an increase of 341.4% from the March 15th total of 36,693 shares. Based on an average trading volume of 164,652 shares, the short-interest ratio is presently 1.0 days.
Singapore Airlines Stock Down 0.5%
OTCMKTS SINGY opened at $10.41 on Friday. The business has a 50-day moving average price of $10.52 and a 200-day moving average price of $10.17. Singapore Airlines has a twelve month low of $8.98 and a twelve month high of $11.77.
About Singapore Airlines
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.
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