Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Grows By 377.8%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 8,600 shares, a growth of 377.8% from the October 15th total of 1,800 shares. Based on an average daily trading volume, of 17,200 shares, the short-interest ratio is presently 0.5 days.

Huntington Bancshares Stock Down 0.5 %

Shares of HBANM traded down $0.11 during midday trading on Wednesday, hitting $23.25. 30,688 shares of the company traded hands, compared to its average volume of 12,941. The firm has a 50 day moving average of $23.99 and a 200-day moving average of $23.05. Huntington Bancshares has a 52 week low of $19.50 and a 52 week high of $25.02.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.3563 per share. This represents a $1.43 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Friday, November 15th.

Huntington Bancshares Company Profile

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.