Singapore Airlines Limited (OTCMKTS:SINGF) Short Interest Up 25.2% in November

Singapore Airlines Limited (OTCMKTS:SINGF) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 19,123,200 shares, a growth of 25.2% from the November 15th total of 15,271,300 shares. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is currently 2,056.3 days.

Singapore Airlines Trading Down 2.3 %

OTCMKTS:SINGF traded down $0.11 during mid-day trading on Friday, hitting $4.59. The stock had a trading volume of 3,002 shares, compared to its average volume of 5,466. The company has a 50 day simple moving average of $4.72 and a 200-day simple moving average of $4.87. Singapore Airlines has a 52 week low of $4.01 and a 52 week high of $5.40.

Singapore Airlines Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, December 11th. Investors of record on Tuesday, November 26th were paid a dividend of $0.10 per share. This represents a dividend yield of 7.57%. The ex-dividend date was Monday, November 25th. Singapore Airlines’s dividend payout ratio is currently 122.81%.

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.