Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANM) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,745 shares, a decline of 80.9% from the May 14th total of 9,132 shares. Based on an average trading volume of 13,983 shares, the short-interest ratio is currently 0.1 days.

Huntington Bancshares Trading Down 0.8%

Shares of NASDAQ HBANM traded down $0.16 during midday trading on Wednesday, reaching $20.52. The company had a trading volume of 14,244 shares, compared to its average volume of 11,702. Huntington Bancshares has a one year low of $20.52 and a one year high of $24.04. The firm’s fifty day moving average price is $21.88 and its 200-day moving average price is $22.28.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were paid a $0.3563 dividend. This represents a $1.43 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Friday, May 15th.

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.