Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Increases By 38.6%

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

Singapore Telecommunications Trading Up 4.1 %

OTCMKTS SGAPY opened at $26.60 on Wednesday. Singapore Telecommunications has a fifty-two week low of $16.94 and a fifty-two week high of $26.98. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average price is $24.91 and its two-hundred day moving average price is $24.08.

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.