Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) Short Interest Down 21.5% in December

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 73,051 shares, a decline of 21.5% from the December 15th total of 93,106 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 120,963 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 120,963 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s stock are sold short.

Singapore Telecommunications Stock Performance

Singapore Telecommunications stock traded down $0.08 during trading hours on Friday, hitting $34.61. The stock had a trading volume of 47,703 shares, compared to its average volume of 47,662. The stock’s 50-day moving average price is $35.77 and its 200-day moving average price is $33.63. Singapore Telecommunications has a 12-month low of $22.75 and a 12-month high of $37.51. The company has a quick ratio of 1.15, a current ratio of 1.20 and a debt-to-equity ratio of 0.40.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited (OTCMKTS: SGAPY), commonly known as Singtel, is a Singapore-based telecommunications and information communications technology (ICT) group. The company’s core consumer services include mobile and fixed-line telephony, broadband internet, and pay-TV and content distribution. Singtel also provides a range of enterprise solutions such as managed services, cloud and data center offerings, cybersecurity, Internet of Things (IoT) connectivity and systems integration for corporate and public-sector customers.

Beyond its domestic market, Singtel operates as a regional hub through subsidiaries and strategic investments.