Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,745 shares, a decline of 80.9% from the May 14th total of 9,132 shares. Based on an average trading volume of 13,983 shares, the short-interest ratio is presently 0.1 days.

Huntington Bancshares Price Performance

HBANM traded up $0.23 on Thursday, reaching $20.75. The company had a trading volume of 18,029 shares, compared to its average volume of 11,762. Huntington Bancshares has a 1 year low of $20.52 and a 1 year high of $24.04. The stock has a 50-day moving average price of $21.84 and a 200-day moving average price of $22.25.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were paid a $0.3563 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.43 dividend on an annualized basis and a yield of 6.9%.

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.