Singapore Exchange Limited (OTCMKTS:SPXCY) Sees Significant Increase in Short Interest

Singapore Exchange Limited (OTCMKTS:SPXCY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 21,100 shares, an increase of 54.0% from the December 15th total of 13,700 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is currently 0.8 days.

Singapore Exchange Stock Performance

Shares of Singapore Exchange stock traded down $0.10 on Thursday, hitting $17.60. 11,670 shares of the company traded hands, compared to its average volume of 16,430. The firm’s 50-day simple moving average is $29.44 and its 200 day simple moving average is $89.79. Singapore Exchange has a 12-month low of $13.08 and a 12-month high of $20.41.

Singapore Exchange Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders of record on Tuesday, November 12th were given a dividend of $0.969 per share. The ex-dividend date of this dividend was Tuesday, November 12th. Singapore Exchange’s dividend payout ratio (DPR) is currently 89.27%.

Singapore Exchange Company Profile

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.