Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 5.5% in August

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 7,700 shares, a growth of 5.5% from the August 15th total of 7,300 shares. Based on an average trading volume of 37,900 shares, the days-to-cover ratio is currently 0.2 days.

Huntington Bancshares Stock Performance

NASDAQ:HBANP opened at $20.29 on Thursday. Huntington Bancshares has a twelve month low of $13.71 and a twelve month high of $20.42. The firm’s fifty day simple moving average is $18.63 and its 200 day simple moving average is $18.37.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be paid a $0.2813 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.54%.

Institutional Investors Weigh In On Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. OLD Point Trust & Financial Services N A acquired a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBANP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $35,000.

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.