Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Up 1,427.3% in April

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 33,600 shares, a growth of 1,427.3% from the March 31st total of 2,200 shares. Based on an average daily volume of 71,400 shares, the short-interest ratio is presently 0.5 days.

Singapore Airlines Price Performance

Shares of OTCMKTS SINGY traded up $0.02 during trading hours on Thursday, hitting $9.59. 35,104 shares of the company’s stock were exchanged, compared to its average volume of 29,326. Singapore Airlines has a 1-year low of $8.49 and a 1-year high of $11.90. The company’s 50-day moving average price is $9.57 and its 200-day moving average price is $9.54.

Singapore Airlines Company Profile

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.