Huntington Bancshares Incorporated (NASDAQ:HBANP) Shares Shorted: Short Interest Up 91.6% in September

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 95,132 shares, a growth of 91.6% from the September 15th total of 49,651 shares. Based on an average trading volume of 77,522 shares, the days-to-cover ratio is presently 1.2 days.

Huntington Bancshares Stock Performance

Shares of NASDAQ:HBANP traded up $0.19 on Thursday, hitting $15.83. The company’s stock had a trading volume of 53,223 shares, compared to its average volume of 58,123. The company has a 50-day simple moving average of $16.10 and a 200 day simple moving average of $16.40. Huntington Bancshares has a 1 year low of $14.92 and a 1 year high of $18.53.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $0.2812 dividend. This represents a $1.12 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Thursday, October 1st.

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 a broad range of banking and financial services to consumers, businesses, institutions and government entities.

The company’s offerings include consumer and business deposit accounts, residential and commercial lending, mortgages, auto financing, small-business banking, treasury management, payments, wealth management, investment services and insurance-related products.