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

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 34,900 shares, a decrease of 69.2% from the November 15th total of 113,300 shares. Based on an average daily volume of 39,800 shares, the days-to-cover ratio is currently 0.9 days.

Huntington Bancshares Trading Up 0.4 %

Shares of Huntington Bancshares stock traded up $0.07 during trading on Wednesday, hitting $19.14. 46,653 shares of the company’s stock traded hands, compared to its average volume of 37,060. Huntington Bancshares has a 1 year low of $17.08 and a 1 year high of $20.74. The business has a 50-day simple moving average of $19.68 and a 200-day simple moving average of $18.92.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be issued a dividend of $0.2813 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date 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.