Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Increase in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 90,400 shares, an increase of 475.8% from the October 15th total of 15,700 shares. Based on an average daily volume of 37,800 shares, the short-interest ratio is presently 2.4 days.

Huntington Bancshares Trading Down 0.9 %

NASDAQ HBANP traded down $0.17 on Wednesday, reaching $19.26. The company had a trading volume of 39,637 shares, compared to its average volume of 36,976. Huntington Bancshares has a 52 week low of $17.05 and a 52 week high of $20.74. The stock’s 50 day moving average is $20.05 and its 200-day moving average is $18.73.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a $0.2813 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date of this dividend is Tuesday, December 31st.

Huntington Bancshares Company Profile

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.