Short Interest in Hang Seng Bank Ltd. (OTCMKTS:HSNGY) Decreases By 81.7%

Hang Seng Bank Ltd. (OTCMKTS:HSNGY - Get Free Report) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 72 shares, a decrease of 81.7% from the November 30th total of 393 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,986 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 3,986 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.Get Hang Seng Bank alerts:Analyst Ratings ChangesSeparately, Zacks Research upgraded Hang Seng Bank from a "strong sell" rating to a "hold" rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Reduce".View Our Latest Stock Report on Hang Seng BankHang Seng Bank Trading Down 0.1%HSNGY stock traded down $0.01 during trading on Thursday, hitting $19.78. The stock had a trading volume of 2,486 shares, compared to its average volume of 1,850. Hang Seng Bank has a twelve month low of $11.63 and a twelve month high of $20.25. The company's 50-day moving average price is $19.54 and its two-hundred day moving average price is $16.62. About Hang Seng Bank (Get Free Report)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.Read MoreFive stocks we like better than Hang Seng BankDo not delete, read immediatelyHow Long Will $1M Last in Retirement?INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyForget AI, This Will Be the Next Big Tech BreakthroughThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Hang Seng Bank Right Now?Before you consider Hang Seng Bank, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hang Seng Bank wasn't on the list.While Hang Seng Bank currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here