Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 11,100 shares, an increase of 29.1% from the October 31st total of 8,600 shares. Based on an average daily trading volume, of 17,800 shares, the short-interest ratio is currently 0.6 days.

Huntington Bancshares Stock Performance

Shares of HBANM stock opened at $24.00 on Monday. The stock’s 50 day simple moving average is $23.75 and its two-hundred day simple moving average is $23.16. Huntington Bancshares has a 1 year low of $19.50 and a 1 year high of $25.02.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.3563 per share. This represents a $1.43 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend 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.