Singapore Exchange Limited (OTCMKTS:SPXCY) Short Interest Down 94.1% in December

Singapore Exchange Limited (OTCMKTS:SPXCY) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 13,700 shares, a drop of 94.1% from the November 30th total of 230,600 shares. Based on an average trading volume of 73,500 shares, the days-to-cover ratio is presently 0.2 days.

Singapore Exchange Price Performance

OTCMKTS SPXCY traded down $0.32 on Friday, hitting $18.35. 9,613 shares of the company traded hands, compared to its average volume of 24,949. The business’s 50 day moving average price is $61.15 and its 200-day moving average price is $98.38. Singapore Exchange has a 52-week low of $13.08 and a 52-week 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 was Tuesday, November 12th. Singapore Exchange’s payout ratio is currently 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.