Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 95,132 shares, an increase of 91.6% from the September 15th total of 49,651 shares. Based on an average daily volume of 77,522 shares, the short-interest ratio is presently 1.2 days.

Huntington Bancshares Stock Performance

HBANP traded up $0.48 during trading on Wednesday, hitting $15.64. The stock had a trading volume of 142,524 shares, compared to its average volume of 58,143. The company has a 50 day moving average price of $16.11 and a 200-day moving average price of $16.41. Huntington Bancshares has a one year low of $14.92 and a one year high of $18.55.

Huntington Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.2812 per share. The ex-dividend date is Thursday, October 1st. This represents a $1.12 annualized dividend and a yield of 7.2%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides a broad range of banking and financial services to consumers, businesses, institutions and government entities.

The company’s offerings include consumer and business deposit accounts, residential and commercial lending, mortgages, auto financing, small-business banking, treasury management, payments, wealth management, investment services and insurance-related products.