Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,563 shares, a growth of 2,463.0% from the November 30th total of 100 shares. Based on an average daily volume of 117,060 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 117,060 shares, the short-interest ratio is currently 0.0 days.

Singapore Airlines Price Performance

SINGY traded up $0.08 during trading on Wednesday, hitting $9.92. The company’s stock had a trading volume of 29,883 shares, compared to its average volume of 35,139. Singapore Airlines has a twelve month low of $8.78 and a twelve month high of $11.77. The stock’s fifty day moving average price is $9.95 and its 200-day moving average price is $10.34.

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.