Huntington Bancshares Incorporated (NASDAQ:HBANM) is seeing a significant decrease in short interest

Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Free Report ) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 4,600 shares, down 41.8% from August 31st’s total of 7,900 shares. Based on an average daily volume of 11,600 shares, the days-to-cover ratio is currently 0.4 days.

Huntington Bancshares Price Performance

Shares of HBANM traded down $0.03 during trading hours on Thursday, reaching $24.26. 14,474 shares of the company traded hands, compared to its average volume of 11,190. The company has a fifty day moving average price of $23.76 and a 200 day moving average price of $22.65. Huntington Bancshares has a 12-month low of $17.68 and a 12-month high of $25.02.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.3563 dividend. This represents an annualized dividend of $1.43 and a dividend yield of 5.87%. The ex-dividend date of this dividend is Friday, November 15.

Huntington Bancshares Company Profile

(Get a free report)

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

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