Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 90,500 shares, an increase of 852.6% from the February 13th total of 9,500 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is currently 2.0 days.
Singapore Exchange Price Performance
Shares of OTCMKTS:SPXCY traded down $0.12 during trading on Friday, reaching $19.09. 27,679 shares of the company’s stock traded hands, compared to its average volume of 20,181. Singapore Exchange has a 12 month low of $13.08 and a 12 month high of $21.68. The company has a 50 day moving average of $18.86 and a 200-day moving average of $63.73.
Singapore Exchange Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 18th were paid a $0.133 dividend. The ex-dividend date was Tuesday, February 18th. Singapore Exchange’s dividend payout ratio (DPR) is presently 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.
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