Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 26,500 shares, an increase of 184.9% from the July 15th total of 9,300 shares. Based on an average trading volume of 38,800 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. OLD Point Trust & Financial Services N A acquired a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBANP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,000 shares of the company’s stock, valued at approximately $35,000.

Huntington Bancshares Price Performance

NASDAQ:HBANP traded up $0.20 during mid-day trading on Tuesday, hitting $18.06. 24,374 shares of the company’s stock traded hands, compared to its average volume of 36,377. The firm has a 50 day moving average of $17.91 and a two-hundred day moving average of $18.37. Huntington Bancshares has a 12 month low of $13.71 and a 12 month high of $19.92.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be given a $0.2813 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.13 annualized dividend and a dividend yield of 6.23%.

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.