Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Significant Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 70,300 shares, a growth of 334.0% from the December 15th total of 16,200 shares. Based on an average daily volume of 54,800 shares, the short-interest ratio is currently 1.3 days.

Huntington Bancshares Trading Up 2.0 %

HBANP stock traded up $0.35 during mid-day trading on Wednesday, reaching $17.76. 42,450 shares of the stock traded hands, compared to its average volume of 59,650. Huntington Bancshares has a one year low of $17.05 and a one year high of $20.74. The business has a 50-day moving average price of $18.62 and a two-hundred day moving average price of $18.96.

Huntington Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a $0.2813 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Tuesday, December 31st.

About Huntington Bancshares

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.