Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) Short Interest Up 90.1% in August

Posted by Tristan Rich on Sep 15th, 2026

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 5,112 shares, a growth of 90.1% from the August 15th total of 2,689 shares. Based on an average daily volume of 57,526 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several brokerages have weighed in on SGAPY. Phillip Securities raised Singapore Telecommunications from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, August 17th. Zacks Research raised shares of Singapore Telecommunications to a “hold” rating in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Check Out Our Latest Research Report on SGAPY

Singapore Telecommunications Stock Down 1.4%

Singapore Telecommunications stock opened at $35.12 on Tuesday. Singapore Telecommunications has a one year low of $30.69 and a one year high of $41.20. The company has a quick ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average is $34.63 and its 200 day moving average is $36.06.

About Singapore Telecommunications

(Get Free Report)

Singapore Telecommunications Limited, commonly known as Singtel, is a communications technology group headquartered in Singapore. The company provides mobile and fixed-line telecommunications, broadband, digital television, and related digital services to consumers and businesses. Through its enterprise operations, Singtel also offers information and communications technology services, including cloud computing, cybersecurity, managed connectivity, data-center solutions and digital infrastructure.

Singtel serves customers primarily in Singapore and Australia, where it operates through its Optus business.