Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Down 26.8% in March

Singapore Exchange Limited (OTCMKTS:SPXCY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 18,000 shares, a drop of 26.8% from the March 15th total of 24,600 shares. Based on an average daily trading volume, of 52,600 shares, the days-to-cover ratio is presently 0.3 days.

Singapore Exchange Trading Up 1.7 %

Shares of OTCMKTS SPXCY opened at $20.91 on Friday. Singapore Exchange has a 12-month low of $13.27 and a 12-month high of $21.68. The firm’s 50-day simple moving average is $19.47 and its 200 day simple moving average is $43.96.

Singapore Exchange Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.133 per share. The ex-dividend date of this dividend was Tuesday, February 18th. Singapore Exchange’s dividend payout ratio (DPR) is currently 89.27%.

About Singapore Exchange

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.