Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 20,200 shares, a drop of 12.2% from the April 30th total of 23,000 shares. Based on an average daily volume of 19,300 shares, the days-to-cover ratio is currently 1.0 days.
Hang Seng Bank Price Performance
OTCMKTS HSNGY opened at $13.92 on Monday. Hang Seng Bank has a 1 year low of $10.20 and a 1 year high of $15.34. The business’s 50-day moving average is $12.98 and its 200 day moving average is $11.74.
Hang Seng Bank Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 17th will be issued a $0.1351 dividend. The ex-dividend date of this dividend is Thursday, May 16th.
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.
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