Singapore Telecommunications Limited (OTCMKTS:SGAPY) Short Interest Down 62.5% in March

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 29,700 shares, a decrease of 62.5% from the March 15th total of 79,300 shares. Based on an average daily volume of 44,700 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

Singapore Telecommunications Stock Down 1.5 %

OTCMKTS SGAPY traded down $0.40 during trading hours on Tuesday, hitting $27.00. The company had a trading volume of 307,224 shares, compared to its average volume of 71,840. The firm has a 50 day simple moving average of $25.38 and a 200 day simple moving average of $24.13. Singapore Telecommunications has a 52 week low of $16.94 and a 52 week high of $27.68. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 0.37.

About Singapore Telecommunications

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.