Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 3,680 shares, an increase of 140.2% from the April 15th total of 1,532 shares. Based on an average daily volume of 6,736 shares, the days-to-cover ratio is currently 0.5 days.
Huntington Bancshares Trading Down 2.2%
Shares of NASDAQ:HBANM traded down $0.50 during midday trading on Friday, reaching $22.19. 5,940 shares of the company’s stock traded hands, compared to its average volume of 10,204. Huntington Bancshares has a one year low of $21.07 and a one year high of $24.04. The stock has a 50 day moving average of $22.19 and a 200 day moving average of $22.46.
Huntington Bancshares Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be issued a $0.3563 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.43 dividend on an annualized basis and a yield of 6.4%.
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.
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