Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANL) Increases By 13.4%

Huntington Bancshares Incorporated (NASDAQ:HBANL) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 31,300 shares, an increase of 13.4% from the November 30th total of 27,600 shares. Based on an average daily volume of 24,700 shares, the short-interest ratio is presently 1.3 days.

Huntington Bancshares Stock Performance

HBANL traded down $0.68 during trading on Wednesday, reaching $25.42. 120,534 shares of the stock traded hands, compared to its average volume of 27,281. The stock’s 50-day moving average is $26.05 and its 200 day moving average is $25.59. Huntington Bancshares has a 12 month low of $23.72 and a 12 month high of $26.61.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a $0.4298 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date is Tuesday, December 31st.

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.