Hang Seng Bank Limited (OTCMKTS:HSNGY) Short Interest Update

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 200 shares, a decrease of 50.0% from the January 31st total of 400 shares. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on HSNGY

Hang Seng Bank Trading Up 1.8 %

Shares of OTCMKTS:HSNGY traded up $0.26 during trading on Friday, reaching $14.22. The stock had a trading volume of 5,794 shares, compared to its average volume of 7,008. Hang Seng Bank has a 52 week low of $10.70 and a 52 week high of $14.81. The stock has a fifty day simple moving average of $12.56 and a two-hundred day simple moving average of $12.25.

Hang Seng Bank Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 7th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.4115 per share. The ex-dividend date is Wednesday, March 5th. This is a positive change 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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