Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 5,704 shares, a growth of 657.5% from the September 30th total of 753 shares. Based on an average trading volume of 20,187 shares, the short-interest ratio is currently 0.3 days.
Huntington Bancshares Price Performance
Shares of NASDAQ HBANM traded up $0.01 during mid-day trading on Thursday, reaching $19.09. 1,483 shares of the company traded hands, compared to its average volume of 14,701. Huntington Bancshares has a fifty-two week low of $19.03 and a fifty-two week high of $23.41. The stock has a fifty day simple moving average of $19.95 and a 200-day simple moving average of $21.34.
Huntington Bancshares Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Sunday, November 15th will be given a $0.3563 dividend. This represents a $1.43 annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Friday, November 13th.
About Huntington Bancshares
Huntington Bancshares Incorporated (NASDAQ: HBANM) is a regional bank holding company headquartered in Columbus, Ohio. Through its principal subsidiary, The Huntington National Bank, the company provides a broad range of banking and financial services to consumers, businesses, municipalities and other organizations.
Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, equipment finance, vehicle lending, wealth management, investment services, treasury management and insurance products.
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