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

Hang Seng Bank Limited (OTCMKTS:HSNGY) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 400 shares, a decline 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 presently 0.0 days.

Hang Seng Bank Stock Performance

Shares of Hang Seng Bank stock traded up $0.27 during trading on Wednesday, reaching $12.58. The stock had a trading volume of 3,684 shares, compared to its average volume of 45,861. Hang Seng Bank has a 52 week low of $10.20 and a 52 week high of $14.81. The stock has a fifty day moving average price of $12.23 and a two-hundred day moving average price of $12.45.

Hang Seng Bank Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, October 23rd were issued a dividend of $0.1359 per share. The ex-dividend date was Wednesday, October 23rd. This is a positive change from Hang Seng Bank’s previous dividend of $0.14.

Hang Seng Bank Company Profile

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.