Huntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 16,200 shares, a decline of 53.6% from the November 30th total of 34,900 shares. Based on an average trading volume of 45,800 shares, the short-interest ratio is presently 0.4 days.
Huntington Bancshares Price Performance
Shares of NASDAQ HBANP traded down $0.31 during trading on Friday, hitting $17.34. 102,841 shares of the company traded hands, compared to its average volume of 38,803. The business’s fifty day moving average is $19.15 and its 200 day moving average is $18.94. Huntington Bancshares has a fifty-two week low of $17.08 and a fifty-two week high of $20.74.
Huntington Bancshares Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be paid a dividend of $0.2813 per share. This represents a $1.13 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, December 31st.
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 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.
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