Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Up 12.1% in August

Huntington Bancshares Incorporated (NASDAQ:HBANM) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 3,700 shares, an increase of 12.1% from the July 31st total of 3,300 shares. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 0.2 days.

Huntington Bancshares Stock Down 0.1 %

Shares of NASDAQ:HBANM opened at $19.98 on Wednesday. The company has a 50 day moving average of $20.22 and a 200-day moving average of $20.92. Huntington Bancshares has a twelve month low of $16.28 and a twelve month high of $24.45.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.3563 per share. This represents a $1.43 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date of this dividend is Monday, August 14th.

About Huntington Bancshares

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 operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG).