Short Interest in Hang Seng Bank Limited (OTCMKTS:HSNGY) Drops By 60.0%

Hang Seng Bank Limited (OTCMKTS:HSNGY) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 1,200 shares, a drop of 60.0% from the October 31st total of 3,000 shares. Based on an average daily trading volume, of 33,500 shares, the days-to-cover ratio is currently 0.0 days.

Hang Seng Bank Trading Up 1.3 %

Shares of HSNGY traded up $0.15 on Thursday, reaching $11.78. The stock had a trading volume of 8,008 shares, compared to its average volume of 47,334. The company has a 50-day simple moving average of $12.28 and a 200-day simple moving average of $12.60. Hang Seng Bank has a 12-month low of $10.20 and a 12-month high of $14.81.

Hang Seng Bank Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, October 23rd were given a dividend of $0.1359 per share. The ex-dividend date of this dividend 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.