Hang Seng Bank Limited (OTCMKTS:HSNGY) Short Interest Down 28.6% in May

Posted by Joseph Casey on Jun 3rd, 2025

Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 4,000 shares, a drop of 28.6% from the April 30th total of 5,600 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Hang Seng Bank from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 19th.

Check Out Our Latest Analysis on HSNGY

Hang Seng Bank Price Performance

Shares of HSNGY traded up $0.08 during trading hours on Tuesday, reaching $13.93. The company’s stock had a trading volume of 5,385 shares, compared to its average volume of 8,121. Hang Seng Bank has a 1-year low of $11.25 and a 1-year high of $15.06. The company has a 50 day moving average of $13.41 and a two-hundred day moving average of $12.90.

Hang Seng Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 16th will be given a dividend of $0.1476 per share. This represents a yield of 5.7%. The ex-dividend date of this dividend is Thursday, May 15th.

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.