Hang Seng Bank Limited (OTCMKTS:HSNGY) Sees Significant Growth in Short Interest

Hang Seng Bank Limited (OTCMKTS:HSNGY) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 400 shares, a growth of 300.0% from the January 15th total of 100 shares. Based on an average daily volume of 15,500 shares, the days-to-cover ratio is currently 0.0 days.

Hang Seng Bank Price Performance

Shares of OTCMKTS:HSNGY traded up $0.48 during trading on Thursday, reaching $13.26. 5,003 shares of the stock were exchanged, compared to its average volume of 8,543. Hang Seng Bank has a 1-year low of $10.25 and a 1-year high of $14.81. The stock has a fifty day moving average of $12.21 and a two-hundred day moving average of $12.10.

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.