Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Significant Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 70,300 shares, an increase of 334.0% from the December 15th total of 16,200 shares. Based on an average daily volume of 54,800 shares, the short-interest ratio is currently 1.3 days.

Huntington Bancshares Trading Up 2.0 %

NASDAQ HBANP traded up $0.35 on Wednesday, reaching $17.76. 42,450 shares of the stock traded hands, compared to its average volume of 59,650. Huntington Bancshares has a 12 month low of $17.05 and a 12 month high of $20.74. The company has a fifty day moving average price of $18.62 and a 200-day moving average price of $18.96.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a dividend of $0.2813 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.33%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.