Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Decreases By 33.9%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 3,739 shares, a decrease of 33.9% from the January 29th total of 5,655 shares. Based on an average daily trading volume, of 10,824 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 10,824 shares, the days-to-cover ratio is presently 0.3 days.

Huntington Bancshares Trading Up 0.9%

HBANM traded up $0.20 during trading on Friday, hitting $23.28. The company had a trading volume of 11,094 shares, compared to its average volume of 12,346. Huntington Bancshares has a one year low of $21.38 and a one year high of $24.04. The firm’s 50-day moving average price is $22.62 and its 200 day moving average price is $22.84.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Sunday, February 15th will be given a dividend of $0.3563 per share. This represents a $1.43 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 13th.

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.