Hang Seng Bank Limited (OTCMKTS:HSNGY) Sees Significant Growth in Short Interest

Hang Seng Bank Limited (OTCMKTS:HSNGY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, a growth of 250.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 0.1 days.

Hang Seng Bank Stock Performance

Shares of HSNGY stock traded down $0.01 during mid-day trading on Wednesday, reaching $12.54. The company’s stock had a trading volume of 31,017 shares, compared to its average volume of 7,544. Hang Seng Bank has a 12-month low of $10.20 and a 12-month high of $14.81. The company’s 50 day simple moving average is $12.04 and its 200-day simple moving average is $12.12.

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.