Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Rises By 29.1%

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 11,100 shares, an increase of 29.1% from the October 31st total of 8,600 shares. Based on an average daily volume of 17,800 shares, the short-interest ratio is currently 0.6 days.

Huntington Bancshares Stock Down 0.5 %

Shares of NASDAQ:HBANM traded down $0.12 during mid-day trading on Monday, reaching $23.88. 1,939 shares of the stock were exchanged, compared to its average volume of 12,941. The stock’s 50 day simple moving average is $23.75 and its 200-day simple moving average is $23.16. Huntington Bancshares has a one year low of $20.25 and a one year high of $25.02.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a $0.3563 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.43 dividend on an annualized basis and a yield of 5.97%.

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.