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

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a significant increase in short interest during 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 Trading Up 0.2 %

NASDAQ:HBANM traded up $0.04 during mid-day trading on Friday, hitting $22.65. The stock had a trading volume of 17,182 shares, compared to its average volume of 19,405. The company has a 50 day simple moving average of $23.21 and a 200-day simple moving average of $23.62. Huntington Bancshares has a 52 week low of $21.17 and a 52 week high of $25.39.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Saturday, February 15th will be given a $0.3563 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.43 annualized dividend and a yield of 6.29%.

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.