Singapore Exchange Limited (OTCMKTS:SPXCY) Sees Large Decrease in Short Interest

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 400 shares, a drop of 73.3% from the October 15th total of 1,500 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 0.2 days.

Singapore Exchange Trading Up 669.6 %

OTCMKTS SPXCY traded up $112.20 on Wednesday, hitting $128.96. 1,032 shares of the stock traded hands, compared to its average volume of 22,814. The stock has a 50-day moving average of $131.54 and a 200 day moving average of $116.86. Singapore Exchange has a twelve month low of $13.08 and a twelve month high of $129.01.

Singapore Exchange Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be given a dividend of $0.969 per share. The ex-dividend date of this dividend is Tuesday, November 12th. Singapore Exchange’s dividend payout ratio is currently 89.27%.

Singapore Exchange Company Profile

Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.