Short Interest in Hang Seng Bank Limited (OTCMKTS:HSNGY) Rises By 25.0%

Hang Seng Bank Limited (OTCMKTS:HSNGY) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,000 shares, a growth of 25.0% from the October 15th total of 2,400 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.2 days.

Hang Seng Bank Price Performance

Hang Seng Bank stock remained flat at $11.76 during mid-day trading on Friday. 112,911 shares of the company’s stock were exchanged, compared to its average volume of 6,470. Hang Seng Bank has a 12 month low of $10.20 and a 12 month high of $14.81. The stock’s fifty day simple moving average is $12.24 and its two-hundred day simple moving average is $12.70.

Hang Seng Bank Increases Dividend

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

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.