Singapore Airlines Limited (OTCMKTS:SINGY – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 282,811 shares, a growth of 87.2% from the May 31st total of 151,050 shares. Based on an average daily trading volume, of 230,739 shares, the days-to-cover ratio is presently 1.2 days.
Singapore Airlines Stock Performance
SINGY opened at $11.91 on Friday. Singapore Airlines has a 1-year low of $9.28 and a 1-year high of $12.17. The firm has a 50-day moving average price of $10.61 and a two-hundred day moving average price of $10.39.
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.
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