Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 140.9% in May

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 24,161 shares, a growth of 140.9% from the May 14th total of 10,028 shares. Based on an average daily volume of 43,541 shares, the short-interest ratio is currently 0.6 days.

Huntington Bancshares Stock Performance

NASDAQ HBANP opened at $16.20 on Friday. The stock’s 50-day simple moving average is $16.80 and its two-hundred day simple moving average is $17.25. Huntington Bancshares has a twelve month low of $16.03 and a twelve month high of $18.90.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.2813 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.13 dividend on an annualized basis and a yield of 6.9%.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.