Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Expands By 38.6%

Singapore Telecommunications Limited (OTCMKTS:SGAPY - Get Free Report) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 79,300 shares, a growth of 38.6% from the February 28th total of 57,200 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 55,400 shares, the short-interest ratio is currently 1.4 days.

Singapore Telecommunications Stock Performance

SGAPY traded down $0.76 during midday trading on Friday, reaching $25.79. The company's stock had a trading volume of 44,226 shares, compared to its average volume of 34,136. The stock's 50-day moving average is $25.08 and its 200-day moving average is $24.12. Singapore Telecommunications has a 1 year low of $16.94 and a 1 year high of $27.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.92 and a quick ratio of 0.89.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.