Hang Seng Bank Limited (OTCMKTS:HSNGY) Sees Large Decrease in Short Interest

by · The Markets Daily

Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 400 shares, a drop of 66.7% from the November 15th total of 1,200 shares. Based on an average daily volume of 17,800 shares, the short-interest ratio is currently 0.0 days.

Hang Seng Bank Trading Up 2.2 %

HSNGY stock traded up $0.27 during midday trading on Wednesday, reaching $12.58. 3,684 shares of the company’s stock traded hands, compared to its average volume of 45,861. The company has a 50-day simple moving average of $12.23 and a two-hundred day simple moving average of $12.45. Hang Seng Bank has a 1-year low of $10.20 and a 1-year high of $14.81.

Hang Seng Bank Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, October 23rd were paid a $0.1359 dividend. This is a boost from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date was Wednesday, October 23rd.

About Hang Seng Bank

(Get Free Report)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.

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