Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Rises By 240.0%

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,100 shares, a growth of 240.0% from the February 29th total of 1,500 shares. Based on an average daily trading volume, of 101,900 shares, the short-interest ratio is presently 0.1 days.

Singapore Telecommunications Price Performance

Shares of OTCMKTS SGAPY traded up $0.03 during mid-day trading on Thursday, reaching $18.83. The company had a trading volume of 40,058 shares, compared to its average volume of 99,638. The business’s 50-day simple moving average is $17.85 and its 200 day simple moving average is $17.69. The company has a quick ratio of 1.11, a current ratio of 1.15 and a debt-to-equity ratio of 0.39. Singapore Telecommunications has a one year low of $16.38 and a one year high of $20.24.

About Singapore Telecommunications

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, and internationally. The company operates through Optus, Singapore Consumer, Group Enterprise, NCS, Trustwave, and Amobee segments.