Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 29.1% in November

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

Huntington Bancshares Price Performance

Shares of Huntington Bancshares stock traded down $0.12 on Monday, reaching $23.88. 1,939 shares of the company’s stock were exchanged, compared to its average volume of 12,941. The firm’s 50-day moving average is $23.75 and its two-hundred day moving average is $23.16. Huntington Bancshares has a 52 week low of $20.25 and a 52 week high of $25.02.

Huntington Bancshares Announces Dividend

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

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.