Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 400.9% in June

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 7,979 shares, a growth of 400.9% from the June 15th total of 1,593 shares. Based on an average trading volume of 17,373 shares, the days-to-cover ratio is currently 0.5 days.

Huntington Bancshares Stock Performance

Shares of HBANM traded up $0.07 during mid-day trading on Friday, reaching $20.80. The stock had a trading volume of 1,970 shares, compared to its average volume of 12,320. Huntington Bancshares has a 12 month low of $20.46 and a 12 month high of $24.04. The business has a fifty day moving average of $21.34 and a 200 day moving average of $22.04.

Huntington Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be given a dividend of $0.3563 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.43 dividend on an annualized basis and a yield of 6.9%.

About Huntington Bancshares

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.