Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Declines By 70.3%

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,900 shares, a decline of 70.3% from the July 31st total of 6,400 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is presently 0.2 days.

Huntington Bancshares Stock Performance

HBANM traded down $0.12 on Tuesday, hitting $23.78. The company had a trading volume of 7,403 shares, compared to its average volume of 11,131. Huntington Bancshares has a 52-week low of $17.68 and a 52-week high of $24.00. The stock has a fifty day simple moving average of $22.76 and a 200-day simple moving average of $22.37.

Huntington Bancshares Dividend Announcement

The business also recently declared 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 is Thursday, August 15th. This represents a $1.43 annualized dividend and a dividend yield of 5.99%.

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.