Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Drops By 51.8%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 2,700 shares, a decrease of 51.8% from the May 15th total of 5,600 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 0.3 days.

Huntington Bancshares Stock Performance

HBANM stock traded up $0.10 during mid-day trading on Monday, hitting $21.79. The stock had a trading volume of 6,120 shares, compared to its average volume of 14,812. Huntington Bancshares has a 1-year low of $21.34 and a 1-year high of $25.39. The company has a fifty day moving average of $22.29 and a 200 day moving average of $22.84.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be given a dividend of $0.3563 per share. This represents a $1.43 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend is Tuesday, July 1st.

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.