Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 6,119 shares, a decline of 74.7% from the May 31st total of 24,161 shares. Based on an average trading volume of 51,179 shares, the days-to-cover ratio is presently 0.1 days.

Huntington Bancshares Trading Up 0.2%

HBANP stock opened at $16.18 on Friday. The stock has a 50-day moving average price of $16.62 and a two-hundred day moving average price of $17.17. Huntington Bancshares has a 1 year low of $16.00 and a 1 year high of $18.90.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.2813 per share. This represents a $1.12 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.