Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Decreases By 46.2%

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 30,218 shares, a drop of 46.2% from the June 30th total of 56,156 shares. Based on an average daily trading volume, of 61,161 shares, the days-to-cover ratio is presently 0.5 days.

Huntington Bancshares Price Performance

Shares of NASDAQ:HBANP traded down $0.02 during midday trading on Wednesday, hitting $16.16. The stock had a trading volume of 52,368 shares, compared to its average volume of 53,605. The company’s 50-day moving average price is $16.29 and its 200-day moving average price is $17.00. Huntington Bancshares has a fifty-two week low of $16.00 and a fifty-two week high of $18.90.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a $0.2813 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, October 1st.

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.