Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Expands By 33.9%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 30,400 shares, a growth of 33.9% from the October 31st total of 22,700 shares. Based on an average daily volume of 38,700 shares, the short-interest ratio is currently 0.8 days.

Singapore Telecommunications Trading Up 2.4 %

Shares of SGAPY traded up $0.55 during mid-day trading on Friday, hitting $23.05. The company’s stock had a trading volume of 16,900 shares, compared to its average volume of 21,289. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 0.45. Singapore Telecommunications has a 1-year low of $16.57 and a 1-year high of $26.75. The firm has a 50-day simple moving average of $24.02 and a 200 day simple moving average of $22.33.

Singapore Telecommunications Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, November 25th will be given a $0.6633 dividend. The ex-dividend date of this dividend is Monday, November 25th. This is a boost from Singapore Telecommunications’s previous dividend of $0.56.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.