Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 29.1% in November

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 11,100 shares, a growth of 29.1% from the October 31st total of 8,600 shares. Based on an average daily volume of 17,800 shares, the short-interest ratio is currently 0.6 days.

Huntington Bancshares Price Performance

Huntington Bancshares stock traded up $0.09 during midday trading on Monday, reaching $24.09. 9,236 shares of the stock traded hands, compared to its average volume of 12,980. The stock’s fifty day moving average is $23.75 and its 200-day moving average is $23.16. Huntington Bancshares has a 12 month low of $20.25 and a 12 month high of $25.02.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.3563 per share. The ex-dividend date is Friday, November 15th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 5.92%.

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.