Hang Seng Bank Ltd. (OTCMKTS:HSNGY) Short Interest Down 88.2% in January
by Amy Steele · The Cerbat GemHang Seng Bank Ltd. (OTCMKTS:HSNGY – Get Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 109 shares, a decline of 88.2% from the December 31st total of 920 shares. Based on an average trading volume of 18,362 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 18,362 shares, the days-to-cover ratio is presently 0.0 days.
Hang Seng Bank Stock Up 0.7%
Hang Seng Bank stock traded up $0.14 during mid-day trading on Wednesday, reaching $19.69. 11,725 shares of the company traded hands, compared to its average volume of 9,080. Hang Seng Bank has a 52-week low of $11.76 and a 52-week high of $20.25. The firm’s 50 day moving average price is $19.58 and its 200 day moving average price is $17.44.
Hang Seng Bank Company Profile
Hang Seng Bank is a Hong Kong-based banking group that provides a broad range of financial services to retail, commercial and institutional customers. Founded in 1933, the bank has grown into one of the region’s prominent lenders and is majority-owned by the HSBC Group. Hang Seng offers traditional banking functions alongside specialized services tailored to personal and corporate clients.
Core businesses include retail banking and wealth management, commercial and corporate banking, private banking, and treasury and markets.