Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Down 95.4% in October

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 1,800 shares, a decrease of 95.4% from the September 30th total of 38,900 shares. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is presently 0.1 days.

Huntington Bancshares Price Performance

HBANM traded down $0.08 during trading on Friday, hitting $23.79. The company’s stock had a trading volume of 4,052 shares, compared to its average volume of 12,361. Huntington Bancshares has a twelve month low of $18.11 and a twelve month high of $25.02. The stock’s fifty day moving average price is $24.08 and its 200-day moving average price is $22.87.

Huntington Bancshares Dividend Announcement

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 issued a dividend of $0.3563 per share. The ex-dividend date is Friday, November 15th. This represents a $1.43 annualized dividend and a dividend yield of 5.99%.

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.