Short Interest in Singapore Exchange Limited (OTCMKTS:SPXCY) Drops By 69.7%

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 9,500 shares, a decline of 69.7% from the January 31st total of 31,400 shares. Based on an average daily volume of 27,800 shares, the days-to-cover ratio is currently 0.3 days.

Singapore Exchange Stock Up 0.9 %

Shares of OTCMKTS SPXCY opened at $19.91 on Friday. The stock’s fifty day moving average price is $18.66 and its two-hundred day moving average price is $69.94. Singapore Exchange has a one year low of $13.08 and a one year high of $21.68.

Singapore Exchange Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 18th will be paid a $0.133 dividend. The ex-dividend date is Tuesday, February 18th. Singapore Exchange’s dividend payout ratio (DPR) is presently 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.