Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Increase in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANPGet Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 70,300 shares, an increase of 334.0% from the December 15th total of 16,200 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is presently 1.3 days.

Huntington Bancshares Price Performance

HBANP traded up $0.08 during trading on Monday, reaching $17.30. The stock had a trading volume of 102,488 shares, compared to its average volume of 63,884. The stock’s 50 day moving average is $18.72 and its two-hundred day moving average is $18.97. Huntington Bancshares has a one year low of $17.05 and a one year high of $20.74.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be issued a $0.2813 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.13 dividend on an annualized basis and a yield of 6.50%.

Huntington Bancshares Company Profile

(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.

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