Huntington Bancshares Incorporated (NASDAQ:HBANM) Shares Shorted: Short Interest Up 657.5% in October

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,704 shares, an increase of 657.5% from the September 30th total of 753 shares. Based on an average daily trading volume, of 20,187 shares, the days-to-cover ratio is currently 0.3 days.

Huntington Bancshares Stock Down 0.1%

Shares of HBANM traded down $0.02 during trading hours on Wednesday, reaching $19.21. The stock had a trading volume of 6,614 shares, compared to its average volume of 14,768. Huntington Bancshares has a 12 month low of $19.03 and a 12 month high of $23.41. The company’s 50-day moving average is $19.97 and its two-hundred day moving average is $21.35.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Sunday, November 15th will be issued a dividend of $0.3563 per share. This represents a $1.43 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Friday, November 13th.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (NASDAQ: HBANM) is a regional bank holding company headquartered in Columbus, Ohio. Through its principal subsidiary, The Huntington National Bank, the company provides a broad range of banking and financial services to consumers, businesses, municipalities and other organizations.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, equipment finance, vehicle lending, wealth management, investment services, treasury management and insurance products.