Huntington Bancshares Incorporated (NASDAQ:HBANM) Sees Significant Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 11,000 shares, an increase of 120.0% from the December 15th total of 5,000 shares. Based on an average daily trading volume, of 18,300 shares, the short-interest ratio is presently 0.6 days.

Huntington Bancshares Trading Down 0.5 %

Shares of Huntington Bancshares stock traded down $0.12 during mid-day trading on Thursday, reaching $23.46. 9,588 shares of the stock were exchanged, compared to its average volume of 23,289. Huntington Bancshares has a fifty-two week low of $21.17 and a fifty-two week high of $25.39. The firm has a 50-day simple moving average of $23.66 and a 200 day simple moving average of $23.58.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be given a $0.3563 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.43 annualized dividend and a yield of 6.08%.

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.