Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 9,500 shares, a drop of 69.7% from the January 31st total of 31,400 shares. Based on an average daily trading volume, of 27,800 shares, the days-to-cover ratio is currently 0.3 days.
Singapore Exchange Stock Up 0.9 %
OTCMKTS SPXCY opened at $19.91 on Friday. The firm’s fifty day moving average price is $18.66 and its two-hundred day moving average price is $69.94. Singapore Exchange has a 1 year low of $13.08 and a 1 year high of $21.68.
Singapore Exchange Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.133 per share. The ex-dividend date is Tuesday, February 18th. Singapore Exchange’s dividend payout ratio is presently 89.27%.
Singapore Exchange Company Profile
Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.
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