SATS Ltd. (OTCMKTS:SPASF) Short Interest Update

SATS Ltd. (OTCMKTS:SPASF – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,688,419 shares, an increase of 462.7% from the August 15th total of 300,076 shares. Based on an average daily trading volume, of 273 shares, the short-interest ratio is currently 6,184.7 days.

SATS Price Performance

OTCMKTS SPASF opened at $3.30 on Friday. The firm’s fifty day moving average price is $3.49 and its two-hundred day moving average price is $3.09. SATS has a 1 year low of $2.28 and a 1 year high of $3.84.

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SATS Company Profile

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SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Asia Pacific, the United States, Europe, Middle East, Africa, and internationally. It operates through three segments: Food Solutions, Gateway Services, and Others. The Food Solutions segment offers inflight and institutional catering; food processing, distribution services, and airline laundry services. Its Gateway Services segment provides airport services, which include airfreight handling services, passenger services, aviation security services, baggage handling services, and apron services, as well as cruise terminal services; and manages and operates marine bay cruise center.

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