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

Singapore Telecommunications Limited (OTCMKTS:SGAPY) saw a significant growth in short interest in 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 trading volume of 101,900 shares, the short-interest ratio is currently 0.1 days.

Singapore Telecommunications Price Performance

OTCMKTS SGAPY traded up $0.03 during trading hours on Thursday, hitting $18.83. The company had a trading volume of 40,058 shares, compared to its average volume of 99,638. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.11 and a current ratio of 1.15. Singapore Telecommunications has a 1-year low of $16.38 and a 1-year high of $20.24. The business has a 50 day moving average of $17.85 and a 200-day moving average of $17.69.

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.