Short Interest in Singapore Telecommunications Limited (OTCMKTS:SGAPY) Decreases By 83.4%

Singapore Telecommunications Limited (OTCMKTS:SGAPY - Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 24,200 shares, a decrease of 83.4% from the July 15th total of 145,700 shares. Based on an average daily volume of 73,100 shares, the short-interest ratio is currently 0.3 days.

Singapore Telecommunications Price Performance

OTCMKTS:SGAPY traded down $0.59 during midday trading on Monday, hitting $21.65. The company's stock had a trading volume of 18,171 shares, compared to its average volume of 65,184. Singapore Telecommunications has a fifty-two week low of $16.38 and a fifty-two week high of $23.24. The firm's 50 day moving average is $20.89 and its 200-day moving average is $18.89.

Singapore Telecommunications Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, August 27th. Shareholders of record on Friday, August 2nd will be issued a $0.5649 dividend. This is a positive change from Singapore Telecommunications's previous dividend of $0.36. The ex-dividend date of this dividend is Friday, August 2nd.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, the United States, and internationally. The company operates through Optus, Singapore Consumer, Group Enterprise, NCS, Trustwave, and Amobee segments.