Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,745 shares, a decrease of 80.9% from the May 14th total of 9,132 shares. Based on an average daily volume of 13,983 shares, the short-interest ratio is presently 0.1 days.

Huntington Bancshares Trading Down 0.8%

HBANM traded down $0.16 during midday trading on Wednesday, reaching $20.52. 14,244 shares of the company’s stock traded hands, compared to its average volume of 11,702. The firm has a fifty day moving average of $21.88 and a two-hundred day moving average of $22.28. Huntington Bancshares has a 52 week low of $20.52 and a 52 week high of $24.04.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a dividend of $0.3563 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.43 dividend on an annualized basis and a yield of 6.9%.

Huntington Bancshares Company Profile

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.