Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Grows By 120.0%

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 11,000 shares, an increase of 120.0% from the December 15th total of 5,000 shares. Based on an average daily volume of 18,300 shares, the days-to-cover ratio is presently 0.6 days.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBANM traded up $0.18 during midday trading on Thursday, reaching $23.75. 5,799 shares of the stock were exchanged, compared to its average volume of 22,838. The stock has a 50 day moving average price of $23.66 and a 200-day moving average price of $23.58. Huntington Bancshares has a 52-week low of $21.17 and a 52-week high of $25.39.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be paid a $0.3563 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.43 annualized dividend and a yield of 6.00%.

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.