Huntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 95,132 shares, an increase of 91.6% from the September 15th total of 49,651 shares. Based on an average daily volume of 77,522 shares, the short-interest ratio is presently 1.2 days.
Huntington Bancshares Stock Up 3.2%
Shares of HBANP traded up $0.48 during mid-day trading on Wednesday, hitting $15.64. 142,524 shares of the company’s stock were exchanged, compared to its average volume of 58,143. Huntington Bancshares has a 52 week low of $14.92 and a 52 week high of $18.55. The stock’s 50-day simple moving average is $16.11 and its 200-day simple moving average is $16.41.
Huntington Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.2812 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $1.12 dividend on an annualized basis and a yield of 7.2%.
Huntington Bancshares Company Profile
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides a broad range of banking and financial services to consumers, businesses, institutions and government entities.
The company’s offerings include consumer and business deposit accounts, residential and commercial lending, mortgages, auto financing, small-business banking, treasury management, payments, wealth management, investment services and insurance-related products.
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