Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 102,100 shares, a growth of 230.4% from the October 15th total of 30,900 shares. Based on an average trading volume of 209,500 shares, the days-to-cover ratio is presently 0.5 days.

Hang Seng Bank Stock Up 2.0 %

Shares of HSNGY stock traded up $0.30 during trading hours on Friday, reaching $15.07. 41,007 shares of the stock traded hands, compared to its average volume of 144,640. Hang Seng Bank has a 1-year low of $13.96 and a 1-year high of $21.61. The business has a fifty day moving average price of $15.12 and a 200 day moving average price of $16.36.

Hang Seng Bank Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 18th. Investors of record on Wednesday, October 19th will be given a dividend of $0.0785 per share. This represents a yield of 2.92%. The ex-dividend date of this dividend is Tuesday, October 18th.

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 enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Other.

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