Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 475.8% in October

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 90,400 shares, an increase of 475.8% from the October 15th total of 15,700 shares. Based on an average trading volume of 37,800 shares, the days-to-cover ratio is presently 2.4 days.

Huntington Bancshares Stock Down 1.8 %

Shares of NASDAQ:HBANP traded down $0.35 on Tuesday, reaching $19.43. 55,611 shares of the company’s stock were exchanged, compared to its average volume of 36,964. The business’s 50-day moving average is $20.04 and its two-hundred day moving average is $18.72. Huntington Bancshares has a fifty-two week low of $16.30 and a fifty-two week high of $20.74.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a dividend of $0.2813 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.13 annualized dividend and a yield of 5.79%.

About Huntington Bancshares

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.