Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a drop of 60.0% from the October 31st total of 3,000 shares. Based on an average daily trading volume, of 33,500 shares, the days-to-cover ratio is presently 0.0 days.
Hang Seng Bank Price Performance
HSNGY opened at $11.92 on Friday. The stock’s 50 day moving average price is $12.28 and its 200-day moving average price is $12.58. Hang Seng Bank has a 52-week low of $10.20 and a 52-week high of $14.81.
Hang Seng Bank Increases Dividend
The business also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, October 23rd were given a $0.1359 dividend. This is a boost from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date of this dividend was 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.
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