Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 9,607 shares, a decline of 96.7% from the April 15th total of 292,532 shares. Based on an average trading volume of 152,466 shares, the days-to-cover ratio is presently 0.1 days.
Singapore Airlines Stock Down 0.4%
Shares of SINGY stock opened at $9.84 on Tuesday. The firm’s 50-day moving average is $10.25 and its two-hundred day moving average is $10.16. Singapore Airlines has a 12 month low of $9.28 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.
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