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

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 1,500 shares, a decline of 55.9% from the June 15th total of 3,400 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is presently 0.2 days.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBANM traded up $0.08 during trading on Friday, reaching $22.46. The company had a trading volume of 7,795 shares, compared to its average volume of 10,464. Huntington Bancshares has a twelve month low of $17.68 and a twelve month high of $23.15. The stock has a 50-day moving average price of $21.97 and a two-hundred day moving average price of $22.09.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be paid a $0.3563 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.43 annualized dividend and a yield of 6.34%.

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.