Singapore Telecommunications Limited (OTCMKTS:SGAPY) Short Interest Up 33.9% in November

Singapore Telecommunications Limited (OTCMKTS:SGAPY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 30,400 shares, a growth of 33.9% from the October 31st total of 22,700 shares. Based on an average daily volume of 38,700 shares, the short-interest ratio is currently 0.8 days.

Singapore Telecommunications Price Performance

OTCMKTS SGAPY opened at $23.05 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.31 and a current ratio of 1.35. The company has a 50-day simple moving average of $24.02 and a two-hundred day simple moving average of $22.30. Singapore Telecommunications has a 12-month low of $16.57 and a 12-month high of $26.75.

Singapore Telecommunications Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, November 25th will be paid a dividend of $0.6633 per share. This is a boost from Singapore Telecommunications’s previous dividend of $0.56. The ex-dividend date of this dividend is Monday, November 25th.

Singapore Telecommunications Company Profile

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.