Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Drops By 46.2%

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 30,218 shares, a decrease of 46.2% from the June 30th total of 56,156 shares. Based on an average daily trading volume, of 61,161 shares, the short-interest ratio is currently 0.5 days.

Huntington Bancshares Stock Up 0.1%

HBANP traded up $0.01 during mid-day trading on Friday, reaching $16.20. The stock had a trading volume of 71,129 shares, compared to its average volume of 53,677. The firm’s fifty day simple moving average is $16.27 and its two-hundred day simple moving average is $16.98. Huntington Bancshares has a 52 week low of $16.00 and a 52 week high of $18.90.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a $0.2813 dividend. This represents a $1.12 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Thursday, October 1st.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.