Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,334 shares, a drop of 61.9% from the July 30th total of 6,132 shares. Based on an average daily trading volume, of 11,518 shares, the short-interest ratio is presently 0.2 days.

Huntington Bancshares Price Performance

NASDAQ HBANM traded down $0.06 on Friday, hitting $20.79. 6,290 shares of the company were exchanged, compared to its average volume of 12,933. Huntington Bancshares has a twelve month low of $19.97 and a twelve month high of $24.04. The company’s 50 day moving average price is $20.71 and its 200-day moving average price is $21.61.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be given a dividend of $0.3563 per share. This represents a $1.43 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Friday, August 14th.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.