Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Down 74.7% in June

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 6,119 shares, a decrease of 74.7% from the May 31st total of 24,161 shares. Based on an average daily trading volume, of 51,179 shares, the days-to-cover ratio is presently 0.1 days.

Huntington Bancshares Stock Up 0.7%

HBANP traded up $0.11 during midday trading on Monday, hitting $16.30. The company’s stock had a trading volume of 52,230 shares, compared to its average volume of 49,122. The firm has a 50-day moving average price of $16.62 and a two-hundred day moving average price of $17.17. Huntington Bancshares has a 52-week low of $16.00 and a 52-week high of $18.90.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a $0.2813 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.12 annualized dividend and a dividend yield of 6.9%.

Huntington Bancshares Company Profile

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.