Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Increases By 120.0%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 3,300 shares, a growth of 120.0% from the June 30th total of 1,500 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is currently 0.4 days.

Huntington Bancshares Price Performance

NASDAQ:HBANM traded up $0.03 during mid-day trading on Friday, reaching $22.57. The stock had a trading volume of 25,150 shares, compared to its average volume of 10,464. Huntington Bancshares has a twelve month low of $17.68 and a twelve month high of $23.15. The business has a 50 day simple moving average of $22.01 and a 200 day simple moving average of $22.17.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be issued a dividend of $0.3563 per share. This represents a $1.43 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date of this dividend is Thursday, August 15th.

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.