Huntington Bancshares Incorporated (NASDAQ:HBANM) Sees Large Increase in Short Interest

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

Huntington Bancshares Stock Down 2.3 %

Shares of NASDAQ HBANM traded down $0.54 during trading on Friday, hitting $22.45. 124,390 shares of the company traded hands, compared to its average volume of 23,061. The company has a 50-day moving average price of $23.66 and a 200-day moving average price of $23.67. Huntington Bancshares has a 1 year low of $21.17 and a 1 year high of $25.39.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be paid a dividend of $0.3563 per share. The ex-dividend date is Friday, February 14th. This represents a $1.43 annualized dividend and a yield of 6.35%.

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.