Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 121,400 shares, a drop of 47.9% from the May 15th total of 232,900 shares. Based on an average daily volume of 58,800 shares, the short-interest ratio is currently 2.1 days.

Huntington Bancshares Stock Performance

HBANP stock traded down $0.12 during midday trading on Monday, reaching $17.18. The stock had a trading volume of 76,549 shares, compared to its average volume of 47,739. The firm has a fifty day simple moving average of $17.32 and a two-hundred day simple moving average of $17.81. Huntington Bancshares has a 52-week low of $16.22 and a 52-week high of $20.74.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a $0.2813 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $1.13 annualized dividend and a yield of 6.55%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.