Singapore Exchange Limited (OTCMKTS:SPXCY) Sees Large Drop in Short Interest

Singapore Exchange Limited (OTCMKTS:SPXCY) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 600 shares, a drop of 62.5% from the March 15th total of 1,600 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is currently 0.1 days.

Singapore Exchange Stock Down 0.0 %

OTCMKTS SPXCY traded down $0.02 during trading hours on Thursday, reaching $101.83. The company’s stock had a trading volume of 4,855 shares, compared to its average volume of 2,578. Singapore Exchange has a 1 year low of $99.01 and a 1 year high of $112.74. The firm’s 50-day moving average price is $104.26 and its 200-day moving average price is $106.22.

Singapore Exchange Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 6th. Investors of record on Tuesday, February 13th were given a dividend of $0.9009 per share. This is a positive change from Singapore Exchange’s previous dividend of $0.88. The ex-dividend date of this dividend was Monday, February 12th. Singapore Exchange’s dividend payout ratio 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.