Singapore Airlines Limited (OTCMKTS:SINGY) Short Interest Up 1,427.3% in April

Singapore Airlines Limited (OTCMKTS:SINGY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 33,600 shares, a growth of 1,427.3% from the March 31st total of 2,200 shares. Based on an average daily volume of 71,400 shares, the days-to-cover ratio is currently 0.5 days.

Singapore Airlines Stock Performance

OTCMKTS SINGY traded down $0.01 during trading on Friday, reaching $9.58. The company’s stock had a trading volume of 27,114 shares, compared to its average volume of 29,299. Singapore Airlines has a 12 month low of $8.55 and a 12 month high of $11.90. The firm has a 50 day moving average price of $9.57 and a 200 day moving average price of $9.54.

About Singapore Airlines

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.