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

Hang Seng Bank Limited (OTCMKTS:HSNGY) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 22,500 shares, a growth of 12.5% from the March 31st total of 20,000 shares. Based on an average trading volume of 106,500 shares, the short-interest ratio is currently 0.2 days.

Hang Seng Bank Trading Down 1.2 %

OTCMKTS HSNGY opened at $13.19 on Wednesday. Hang Seng Bank has a 12 month low of $10.20 and a 12 month high of $15.34. The company’s fifty day moving average price is $11.74 and its two-hundred day moving average price is $11.34.

Hang Seng Bank Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 1st. Stockholders of record on Wednesday, March 6th were given a dividend of $0.3891 per share. This is a boost from Hang Seng Bank’s previous dividend of $0.12. The ex-dividend date of this dividend was Tuesday, March 5th.

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.