Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 30,218 shares, a decrease of 46.2% from the June 30th total of 56,156 shares. Based on an average daily trading volume, of 61,161 shares, the days-to-cover ratio is presently 0.5 days.

Huntington Bancshares Price Performance

Huntington Bancshares stock traded down $0.02 during mid-day trading on Wednesday, reaching $16.16. 52,368 shares of the company were exchanged, compared to its average volume of 53,605. The company has a fifty day simple moving average of $16.29 and a 200-day simple moving average of $17.00. Huntington Bancshares has a 12 month low of $16.00 and a 12 month high of $18.90.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.2813 per share. This represents a $1.12 annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, October 1st.

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.