Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 140.2% in April

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 3,680 shares, a growth of 140.2% from the April 15th total of 1,532 shares. Based on an average daily trading volume, of 6,736 shares, the days-to-cover ratio is presently 0.5 days.

Huntington Bancshares Stock Down 2.1%

HBANM stock traded down $0.48 during mid-day trading on Friday, reaching $22.21. 9,584 shares of the company traded hands, compared to its average volume of 10,250. Huntington Bancshares has a 52-week low of $21.07 and a 52-week high of $24.04. The company has a fifty day moving average price of $22.18 and a 200-day moving average price of $22.46.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a dividend of $0.3563 per share. This represents a $1.43 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 15th.

About Huntington Bancshares

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.