Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Free Report) was the recipient of a significant increase in short interest in the month of 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 currently 0.6 days.
Huntington Bancshares Price Performance
Shares of HBANM traded down $0.12 during trading hours on Thursday, reaching $23.46. The stock had a trading volume of 9,588 shares, compared to its average volume of 23,289. Huntington Bancshares has a 52 week low of $21.17 and a 52 week high of $25.39. The firm has a 50-day moving average of $23.66 and a 200 day moving average of $23.58.
Huntington Bancshares Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be issued 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 6.08%.
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.
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