Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Expands By 817.7%

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 56,156 shares, an increase of 817.7% from the June 15th total of 6,119 shares. Based on an average daily volume of 104,027 shares, the days-to-cover ratio is presently 0.5 days.

Huntington Bancshares Stock Performance

Huntington Bancshares stock opened at $16.12 on Monday. Huntington Bancshares has a 52 week low of $16.00 and a 52 week high of $18.90. The stock has a 50-day simple moving average of $16.45 and a 200 day simple moving average of $17.09.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a $0.2813 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.