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

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

Hang Seng Bank Stock Up 1.2 %

HSNGY stock traded up $0.14 during midday trading on Friday, hitting $11.92. The company’s stock had a trading volume of 2,498 shares, compared to its average volume of 47,140. Hang Seng Bank has a twelve month low of $10.20 and a twelve month high of $14.81. The company’s fifty day moving average price is $12.28 and its 200 day moving average price is $12.58.

Hang Seng Bank Increases Dividend

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

About Hang Seng Bank

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.