Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 88,104 shares, an increase of 53.1% from the July 15th total of 57,563 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 40,580 shares, the short-interest ratio is currently 2.2 days.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Singapore Exchange to a “strong-buy” rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.
Check Out Our Latest Research Report on SPXCY
Singapore Exchange Price Performance
About Singapore Exchange
Singapore Exchange Limited (SGX), trading on the OTCMKTS under the symbol SPXCY, is Singapore’s primary securities and derivatives exchange. The company operates multiple business segments, including the securities market, derivatives market, and post-trade services. On its securities market, SGX provides trading, clearing and settlement for equities, fixed income, exchange-traded funds (ETFs), real estate investment trusts (REITs), and structured products. Its derivatives platform offers futures and options on equity indices, single stocks, interest rates, foreign exchange, commodities and carbon credits.
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