Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANM) Decreases By 61.9%

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,334 shares, a decline of 61.9% from the July 30th total of 6,132 shares. Based on an average trading volume of 11,518 shares, the short-interest ratio is presently 0.2 days.

Huntington Bancshares Trading Up 0.4%

NASDAQ:HBANM traded up $0.09 during trading hours on Friday, reaching $20.94. The company had a trading volume of 4,572 shares, compared to its average volume of 12,922. Huntington Bancshares has a twelve month low of $19.97 and a twelve month high of $24.04. The business’s 50-day simple moving average is $20.71 and its two-hundred day simple moving average is $21.62.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be given a $0.3563 dividend. This represents a $1.43 dividend on an annualized basis and a 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.