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

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 1,327 shares, a decrease of 75.5% from the February 26th total of 5,413 shares. Based on an average trading volume of 6,474 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 6,474 shares, the days-to-cover ratio is currently 0.2 days.

Huntington Bancshares Trading Up 1.0%

NASDAQ HBANM traded up $0.23 on Wednesday, hitting $22.24. 536 shares of the stock were exchanged, compared to its average volume of 10,222. Huntington Bancshares has a 52-week low of $21.38 and a 52-week high of $24.04. The company’s 50-day moving average price is $22.74 and its two-hundred day moving average price is $22.81.

About Huntington Bancshares

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.