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

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 4,640 shares, a decrease 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 currently 0.3 days.

Huntington Bancshares Trading Up 0.5%

NASDAQ HBANM traded up $0.10 during trading on Thursday, reaching $20.89. 9,772 shares of the company’s stock were exchanged, compared to its average volume of 12,509. Huntington Bancshares has a fifty-two week low of $20.01 and a fifty-two week high of $24.04. The company’s fifty day simple moving average is $20.91 and its 200-day simple moving average is $21.90.

Huntington Bancshares Dividend Announcement

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

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.