Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 120.0% in January

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 11,000 shares, a growth of 120.0% from the December 31st total of 5,000 shares. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is presently 0.6 days.

Huntington Bancshares Price Performance

Shares of HBANM traded down $0.54 on Friday, hitting $22.45. The company’s stock had a trading volume of 124,211 shares, compared to its average volume of 23,058. The firm’s fifty day moving average price is $23.66 and its 200-day moving average price is $23.67. Huntington Bancshares has a fifty-two week low of $21.17 and a fifty-two week high of $25.39.

Huntington Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Saturday, February 15th will be issued a $0.3563 dividend. This represents a $1.43 annualized dividend and a dividend yield of 6.35%. 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.