Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Decreases By 41.8%

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,640 shares, a decline of 41.8% from the June 30th total of 7,979 shares. Based on an average daily trading volume, of 14,781 shares, the short-interest ratio is presently 0.3 days.

Huntington Bancshares Price Performance

Shares of NASDAQ:HBANM traded down $0.06 during midday trading on Friday, reaching $20.81. The company had a trading volume of 21,450 shares, compared to its average volume of 12,570. The company’s 50 day moving average price is $20.88 and its 200 day moving average price is $21.89. Huntington Bancshares has a 52-week low of $20.01 and a 52-week high of $24.04.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Saturday, August 15th will be paid a $0.3563 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.43 annualized dividend and a dividend yield of 6.8%.

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.