Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 58.2% in September

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large 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 trading volume, of 37,300 shares, the short-interest ratio is currently 0.6 days.

Huntington Bancshares Price Performance

Huntington Bancshares stock remained flat at $20.19 during midday trading on Monday. 29,414 shares of the company’s stock traded hands, compared to its average volume of 35,554. The business’s 50 day moving average price is $19.42 and its 200-day moving average price is $18.49. Huntington Bancshares has a one year low of $13.71 and a one year high of $20.74.

Huntington Bancshares Announces Dividend

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

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.