Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Up 52.5% in February

Singapore Airlines Limited (OTCMKTS:SINGY) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 21,200 shares, a growth of 52.5% from the February 13th total of 13,900 shares. Based on an average daily trading volume, of 47,900 shares, the days-to-cover ratio is presently 0.4 days.

Singapore Airlines Price Performance

Shares of Singapore Airlines stock traded up $0.02 during trading on Friday, hitting $10.03. 21,249 shares of the company were exchanged, compared to its average volume of 26,877. The firm’s fifty day moving average price is $9.56 and its 200 day moving average price is $9.61. Singapore Airlines has a 1-year low of $8.63 and a 1-year high of $10.75.

About Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.