Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Update

Singapore Exchange Limited (OTCMKTS:SPXCY) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 18,000 shares, a decline of 26.8% from the March 15th total of 24,600 shares. Based on an average daily trading volume, of 52,600 shares, the days-to-cover ratio is presently 0.3 days.

Singapore Exchange Trading Up 1.7 %

Shares of OTCMKTS:SPXCY opened at $20.91 on Friday. The firm’s 50 day simple moving average is $19.47 and its 200 day simple moving average is $43.96. Singapore Exchange has a fifty-two week low of $13.27 and a fifty-two week high of $21.68.

Singapore Exchange Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.133 per share. The ex-dividend date was Tuesday, February 18th. Singapore Exchange’s dividend payout ratio is 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.