Huntington Bancshares Incorporated (NASDAQ:HBANM) Sees Large Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 10,100 shares, an increase of 741.7% from the January 31st total of 1,200 shares. Based on an average daily volume of 18,900 shares, the short-interest ratio is presently 0.5 days.

Huntington Bancshares Stock Performance

HBANM traded down $0.10 during midday trading on Thursday, hitting $22.54. 11,668 shares of the company traded hands, compared to its average volume of 19,454. Huntington Bancshares has a 52-week low of $21.17 and a 52-week high of $25.39. The business has a 50 day simple moving average of $23.21 and a two-hundred day simple moving average of $23.63.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th will be paid a $0.3563 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date of this dividend is Friday, February 14th.

Huntington Bancshares Company Profile

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.