Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Update

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 11,379 shares, a drop of 24.4% from the February 12th total of 15,048 shares. Based on an average daily volume of 50,430 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 50,430 shares, the days-to-cover ratio is presently 0.2 days.

Singapore Airlines Stock Down 2.0%

SINGY stock opened at $10.11 on Friday. The stock has a 50-day simple moving average of $10.38 and a two-hundred day simple moving average of $10.15. Singapore Airlines has a twelve month low of $8.78 and a twelve month high of $11.77.

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.