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 the month of January. As of January 15th, there was short interest totalling 1,400 shares, a growth of 250.0% from the December 31st total of 400 shares. Based on an average daily volume of 19,800 shares, the short-interest ratio is presently 0.1 days.

Hang Seng Bank Price Performance

HSNGY traded down $0.01 during trading on Tuesday, hitting $12.54. 31,017 shares of the company traded hands, compared to its average volume of 9,183. Hang Seng Bank has a one year low of $10.20 and a one year high of $14.81. The stock’s fifty day moving average is $12.03 and its 200 day moving average is $12.12.

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.