Short Interest in Hang Seng Bank Limited (OTCMKTS:HSNGY) Expands By 700.0%

Hang Seng Bank Limited (OTCMKTS:HSNGY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,400 shares, an increase of 700.0% from the September 30th total of 300 shares. Based on an average daily volume of 27,600 shares, the short-interest ratio is currently 0.1 days.

Hang Seng Bank Price Performance

Shares of HSNGY stock traded up $0.04 during trading hours on Friday, reaching $12.15. The company had a trading volume of 1,233 shares, compared to its average volume of 12,987. The stock’s fifty day simple moving average is $12.13 and its 200 day simple moving average is $12.75. Hang Seng Bank has a twelve month low of $10.20 and a twelve month high of $14.81.

Hang Seng Bank Increases Dividend

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