Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 817.7% in June

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 56,156 shares, a growth of 817.7% from the June 15th total of 6,119 shares. Based on an average trading volume of 104,027 shares, the short-interest ratio is presently 0.5 days.

Huntington Bancshares Price Performance

Shares of HBANP traded down $0.04 during mid-day trading on Friday, hitting $16.12. 34,196 shares of the company’s stock were exchanged, compared to its average volume of 50,523. Huntington Bancshares has a 52 week low of $16.00 and a 52 week high of $18.90. The company has a 50-day simple moving average of $16.45 and a 200 day simple moving average of $17.09.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a $0.2813 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $1.12 annualized dividend and a dividend yield of 7.0%.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.