Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Drop in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 28,142 shares, a decline of 75.7% from the October 15th total of 115,969 shares. Based on an average daily trading volume, of 117,848 shares, the short-interest ratio is presently 0.2 days.

Huntington Bancshares Stock Performance

Huntington Bancshares stock opened at $14.70 on Thursday. Huntington Bancshares has a 1 year low of $14.31 and a 1 year high of $17.97. The firm’s 50 day moving average price is $15.54 and its two-hundred day moving average price is $16.51.

Huntington Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Friday, January 1st will be paid a dividend of $0.2812 per share. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $1.12 annualized dividend and a dividend yield of 7.7%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses and institutions. The bank traces its roots to 1866, when P.W. Huntington established a bank in Columbus. Huntington offers deposit accounts, consumer and commercial loans, mortgage services, vehicle financing, wealth management and other financial services. Its commercial banking activities include lending, treasury management and capital markets services for businesses and organizations.