Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 13,400 shares, a growth of 74.0% from the August 31st total of 7,700 shares. Based on an average daily trading volume, of 36,400 shares, the short-interest ratio is presently 0.4 days.

Huntington Bancshares Stock Down 0.2 %

NASDAQ:HBANP traded down $0.05 during mid-day trading on Friday, reaching $20.61. The company’s stock had a trading volume of 31,591 shares, compared to its average volume of 35,665. Huntington Bancshares has a twelve month low of $13.71 and a twelve month high of $20.74. The company’s fifty day simple moving average is $19.03 and its two-hundred day simple moving average is $18.44.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be issued a dividend of $0.2813 per share. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.46%.

Institutional Investors Weigh In On Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. OLD Point Trust & Financial Services N A acquired a new position in Huntington Bancshares Incorporated (NASDAQ:HBANP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $35,000.

Huntington Bancshares Company Profile

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.