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

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 10,100 shares, a growth of 741.7% from the January 31st total of 1,200 shares. Based on an average daily trading volume, of 18,900 shares, the short-interest ratio is presently 0.5 days.

Huntington Bancshares Stock Up 0.2 %

HBANM traded up $0.04 on Friday, hitting $22.65. The company had a trading volume of 17,182 shares, compared to its average volume of 19,405. Huntington Bancshares has a 1-year low of $21.17 and a 1-year high of $25.39. The company’s fifty day moving average price is $23.21 and its 200 day moving average price is $23.62.

Huntington Bancshares Announces Dividend

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

About Huntington Bancshares

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.