Huntington Bancshares Incorporated (NASDAQ:HBANL) Sees Significant Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANL) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 31,300 shares, an increase of 13.4% from the November 30th total of 27,600 shares. Based on an average trading volume of 24,700 shares, the short-interest ratio is currently 1.3 days.

Huntington Bancshares Stock Performance

HBANL stock traded down $0.68 during trading on Wednesday, hitting $25.42. The company had a trading volume of 120,534 shares, compared to its average volume of 27,281. The firm has a 50-day moving average price of $26.05 and a 200-day moving average price of $25.59. Huntington Bancshares has a 12 month low of $23.72 and a 12 month high of $26.61.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a dividend of $0.4298 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.76%.

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.