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

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 300 shares, a decrease of 25.0% from the September 15th total of 400 shares. Based on an average daily volume of 34,000 shares, the days-to-cover ratio is presently 0.0 days.

Hang Seng Bank Price Performance

HSNGY opened at $12.43 on Tuesday. Hang Seng Bank has a one year low of $10.20 and a one year high of $14.81. The company’s 50 day simple moving average is $11.99 and its 200-day simple moving average is $12.71.

Hang Seng Bank Increases Dividend

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

About Hang Seng Bank

(Get Free Report)

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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