Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Down 41.8% in July

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 4,640 shares, a decline of 41.8% from the June 30th total of 7,979 shares. Based on an average trading volume of 14,781 shares, the days-to-cover ratio is presently 0.3 days.

Huntington Bancshares Stock Performance

HBANM stock traded up $0.10 on Thursday, reaching $20.89. The company’s stock had a trading volume of 9,772 shares, compared to its average volume of 12,509. Huntington Bancshares has a 52 week low of $20.01 and a 52 week high of $24.04. The firm has a fifty day moving average of $20.91 and a two-hundred day moving average of $21.90.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Saturday, August 15th will be paid a $0.3563 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, August 14th.

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.