Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 817.7% in June

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 56,156 shares, an increase of 817.7% from the June 15th total of 6,119 shares. Based on an average daily volume of 104,027 shares, the days-to-cover ratio is presently 0.5 days.

Huntington Bancshares Trading Down 0.2%

Huntington Bancshares stock traded down $0.04 during midday trading on Friday, reaching $16.12. 34,196 shares of the company’s stock were exchanged, compared to its average volume of 50,523. The stock’s 50-day simple moving average is $16.45 and its 200 day simple moving average is $17.09. Huntington Bancshares has a 52 week low of $16.00 and a 52 week high of $18.90.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2813 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.0%.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.