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

Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 400 shares, a growth of 100.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

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 report on Wednesday, February 19th.

Hang Seng Bank Trading Up 0.7 %

HSNGY stock traded up $0.10 during midday trading on Tuesday, reaching $13.90. 5,696 shares of the company traded hands, compared to its average volume of 6,674. Hang Seng Bank has a 52-week low of $10.80 and a 52-week high of $15.06. The business has a 50 day moving average of $12.91 and a 200-day moving average of $12.41.

Hang Seng Bank Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 7th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.4115 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is an increase from Hang Seng Bank's previous dividend of $0.14.

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.