Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Declines By 53.6%

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 16,200 shares, a drop of 53.6% from the November 30th total of 34,900 shares. Based on an average trading volume of 45,800 shares, the days-to-cover ratio is currently 0.4 days.

Huntington Bancshares Trading Down 1.8 %

Shares of Huntington Bancshares stock traded down $0.31 during trading hours on Friday, hitting $17.34. 102,841 shares of the company’s stock traded hands, compared to its average volume of 38,803. The company has a fifty day simple moving average of $19.15 and a 200-day simple moving average of $18.94. Huntington Bancshares has a 12-month low of $17.08 and a 12-month high of $20.74.

Huntington Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be given a $0.2813 dividend. This represents a $1.13 annualized dividend and a yield of 6.49%. The ex-dividend date is Tuesday, December 31st.

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.