Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 21,200 shares, an increase of 58.2% from the September 15th total of 13,400 shares. Based on an average daily volume of 37,300 shares, the days-to-cover ratio is currently 0.6 days.

Huntington Bancshares Price Performance

Shares of Huntington Bancshares stock remained flat at $20.19 during trading on Monday. The company had a trading volume of 29,414 shares, compared to its average volume of 35,554. The business’s fifty day simple moving average is $19.37 and its 200-day simple moving average is $18.49. Huntington Bancshares has a twelve month low of $13.71 and a twelve month high of $20.74.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be issued a $0.2813 dividend. This represents a $1.13 annualized dividend and a dividend yield of 5.57%. The ex-dividend date of this dividend is Tuesday, October 1st.

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.