Hang Seng Bank (HSNGY) Short Interest Ratio & Short Volume

Short interest is the volume of Hang Seng Bank shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 23,000 shares of HSNGY short. Learn More on Hang Seng Bank's current short interest.

Hang Seng Bank saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 23,000 shares, an increase of 2.2% from the previous total of 22,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "finance" compare to Hang Seng Bank: National Bank of Canada (2.57%), Grupo Financiero Banorte, S.A.B. de C.V. (0.00%), KB Financial Group Inc. (0.09%), Société Générale Société anonyme (0.00%), Banco Santander (Brasil) S.A. (0.04%), Erste Group Bank AG (0.00%), KBC Group NV (0.00%), NatWest Group plc (0.24%), NatWest Group plc (0.03%), PT Bank Mandiri (Persero) Tbk (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling HSNGY is an investing strategy that aims to generate trading profit from Hang Seng Bank as its price is falling. HSNGY shares are trading up $0.21 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Hang Seng Bank occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of HSNGY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including HSNGY, twice per month. The most recent reporting period available is April, 30 2024.