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

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 9,627 shares, an increase of 79.1% from the December 15th total of 5,375 shares. Based on an average daily trading volume, of 77,044 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 77,044 shares, the days-to-cover ratio is presently 0.1 days.

Huntington Bancshares Stock Down 0.4%

HBANP stock traded down $0.07 during midday trading on Friday, reaching $17.64. 42,193 shares of the company’s stock traded hands, compared to its average volume of 66,545. Huntington Bancshares has a 52-week low of $16.22 and a 52-week high of $18.90. The stock’s 50-day moving average is $17.36 and its 200 day moving average is $17.90.

About Huntington Bancshares

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.