Short Interest in Hang Seng Bank Limited (OTCMKTS:HSNGY) Rises By 55.4%

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 134,900 shares, a growth of 55.4% from the January 31st total of 86,800 shares. Based on an average daily volume of 286,700 shares, the short-interest ratio is presently 0.5 days.

Hang Seng Bank Price Performance

HSNGY stock remained flat at $11.45 during trading hours on Friday. The company had a trading volume of 51,936 shares, compared to its average volume of 106,885. The firm has a 50 day moving average of $10.91 and a 200-day moving average of $11.52. Hang Seng Bank has a fifty-two week low of $10.20 and a fifty-two week high of $16.54.

Hang Seng Bank Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 1st. Stockholders of record on Wednesday, March 6th will be paid a $0.3891 dividend. The ex-dividend date is Tuesday, March 5th. This is a boost from Hang Seng Bank’s previous dividend of $0.12.

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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