Singapore Telecommunications Limited (OTCMKTS:SGAPY) Sees Significant Growth in Short Interest

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

Singapore Telecommunications Trading Up 4.1 %

Shares of OTCMKTS:SGAPY traded up $1.04 during trading hours on Tuesday, hitting $26.60. The company's stock had a trading volume of 89,087 shares, compared to its average volume of 29,582. The firm's fifty day moving average price is $24.91 and its 200 day moving average price is $24.08. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37. Singapore Telecommunications has a 52 week low of $16.94 and a 52 week high of $26.98.

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.