Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Rises By 200.0%

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 6,000 shares, a growth of 200.0% from the June 15th total of 2,000 shares. Based on an average daily volume of 33,300 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. OLD Point Trust & Financial Services N A bought a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBANP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,000 shares of the company’s stock, valued at approximately $35,000.

Huntington Bancshares Trading Down 0.7 %

Shares of Huntington Bancshares stock traded down $0.12 on Friday, hitting $17.96. 58,013 shares of the company’s stock were exchanged, compared to its average volume of 35,235. Huntington Bancshares has a 1 year low of $13.71 and a 1 year high of $19.92. The company has a 50-day simple moving average of $17.72 and a 200-day simple moving average of $18.41.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.2813 per share. This represents a $1.13 annualized dividend and a yield of 6.26%. The ex-dividend date of this dividend is Monday, July 1st.

About Huntington Bancshares

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.