Short Interest in Singapore Exchange Limited (OTCMKTS:SPXCY) Increases By 300.0%

Singapore Exchange Limited (OTCMKTS:SPXCY) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,600 shares, an increase of 300.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is presently 0.1 days.

Singapore Exchange Price Performance

OTCMKTS:SPXCY traded up $0.23 during trading hours on Wednesday, hitting $18.96. 312,857 shares of the company traded hands, compared to its average volume of 23,612. Singapore Exchange has a twelve month low of $13.08 and a twelve month high of $20.41. The firm has a 50-day moving average of $111.71 and a 200 day moving average of $111.70.

Singapore Exchange Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Tuesday, November 12th will be paid a $0.969 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. Singapore Exchange’s payout ratio 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.