Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 7,979 shares, a growth of 400.9% from the June 15th total of 1,593 shares. Based on an average daily trading volume, of 17,373 shares, the short-interest ratio is currently 0.5 days.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBANM traded up $0.07 during mid-day trading on Friday, reaching $20.80. 1,970 shares of the company were exchanged, compared to its average volume of 12,320. The company’s 50-day simple moving average is $21.34 and its 200-day simple moving average is $22.04. Huntington Bancshares has a twelve month low of $20.46 and a twelve month high of $24.04.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be paid a dividend of $0.3563 per share. The ex-dividend date is Friday, August 14th. This represents a $1.43 dividend on an annualized basis and a yield of 6.9%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.