Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Posted by Latisha Jones on Jul 13th, 2024

Huntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 6,000 shares, a growth of 200.0% from the June 15th total of 2,000 shares. Based on an average trading volume of 33,300 shares, the short-interest ratio is presently 0.2 days.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBANP traded down $0.12 during midday trading on Friday, hitting $17.96. The company’s stock had a trading volume of 58,013 shares, compared to its average volume of 35,235. The stock has a fifty day moving average price of $17.72 and a 200 day moving average price of $18.41. Huntington Bancshares has a one year low of $13.71 and a one year high of $19.92.

Huntington Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be given a dividend of $0.2813 per share. The ex-dividend date is Monday, July 1st. This represents a $1.13 annualized dividend and a dividend yield of 6.26%.

Hedge Funds Weigh In On Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. OLD Point Trust & Financial Services N A bought a new position in Huntington Bancshares Incorporated (NASDAQ:HBANP – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,000 shares of the company’s stock, valued at approximately $35,000.

About Huntington Bancshares

(Get Free Report)

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.