Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Up 33.6% in January

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 27,331 shares, a growth of 33.6% from the December 31st total of 20,456 shares. Based on an average trading volume of 64,954 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 64,954 shares, the short-interest ratio is presently 0.4 days.

Singapore Airlines Stock Performance

Shares of SINGY opened at $10.14 on Wednesday. The firm has a 50 day simple moving average of $9.88 and a two-hundred day simple moving average of $10.13. Singapore Airlines has a one year low of $8.78 and a one year high of $11.77.

Singapore Airlines Company Profile

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.