Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Down 24.4% in February

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

Singapore Airlines Trading Up 1.2%

Shares of Singapore Airlines stock traded up $0.12 on Monday, hitting $10.21. 45,893 shares of the company traded hands, compared to its average volume of 32,293. The company has a 50-day moving average price of $10.38 and a 200 day moving average price of $10.14. Singapore Airlines has a 12-month low of $8.78 and a 12-month high of $11.77.

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.