Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Drops By 95.4%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,800 shares, a decrease of 95.4% from the September 30th total of 38,900 shares. Based on an average daily trading volume, of 16,900 shares, the short-interest ratio is currently 0.1 days.

Huntington Bancshares Stock Performance

Shares of HBANM traded down $0.08 during midday trading on Friday, reaching $23.79. The stock had a trading volume of 4,052 shares, compared to its average volume of 12,361. The firm has a 50 day simple moving average of $24.08 and a 200-day simple moving average of $22.88. Huntington Bancshares has a one year low of $18.11 and a one year high of $25.02.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be paid a $0.3563 dividend. This represents a $1.43 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend is Friday, November 15th.

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.