Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report) was the target of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 600 shares, a decrease of 85.0% from the May 15th total of 4,000 shares. Based on an average trading volume of 12,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded shares of Hang Seng Bank from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 19th.
Check Out Our Latest Report on HSNGY
Hang Seng Bank Trading Up 0.9%
Shares of HSNGY stock traded up $0.14 on Friday, hitting $14.75. The company's stock had a trading volume of 2,758 shares, compared to its average volume of 7,811. The stock's 50 day moving average is $13.66 and its 200-day moving average is $13.07. Hang Seng Bank has a fifty-two week low of $11.25 and a fifty-two week high of $15.06.
Hang Seng Bank Cuts Dividend
The firm also recently declared a dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 16th will be paid a $0.1476 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 5.7%.
About Hang Seng Bank
(
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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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