Short Interest in Singapore Airlines Limited (OTCMKTS:SINGY) Declines By 55.5%

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 12,164 shares, a drop of 55.5% from the January 15th total of 27,331 shares. Based on an average daily trading volume, of 72,072 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 72,072 shares, the short-interest ratio is presently 0.2 days.

Singapore Airlines Trading Down 0.8%

SINGY stock opened at $10.77 on Friday. Singapore Airlines has a fifty-two week low of $8.78 and a fifty-two week high of $11.77. The business’s 50 day moving average price is $10.00 and its two-hundred day moving average price is $10.10.

About Singapore Airlines

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.