Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 151,050 shares, an increase of 912.5% from the May 14th total of 14,919 shares. Based on an average trading volume of 167,327 shares, the short-interest ratio is currently 0.9 days.
Singapore Airlines Stock Up 0.4%
Shares of OTCMKTS SINGY opened at $10.80 on Friday. Singapore Airlines has a 1-year low of $9.28 and a 1-year high of $11.77. The company has a 50-day moving average of $10.28 and a two-hundred day moving average of $10.22.
Singapore Airlines Company Profile
Singapore Airlines (OTCMKTS:SINGY) is the flag carrier airline of Singapore, providing scheduled air passenger and cargo services to destinations across Asia, Europe, North America, the Middle East, Africa and Oceania. Headquartered at Singapore Changi Airport, the carrier operates a modern fleet of wide-body and narrow-body aircraft, offering premium, business and economy class cabins designed to meet the needs of leisure travellers, business executives and freight customers alike.
Since its establishment on May 1, 1972—following the split of Malaysia–Singapore Airlines—Singapore Airlines has grown from a regional operator into a globally recognized brand.
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