Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

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

Institutional Investors Weigh In On Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. OLD Point Trust & Financial Services N A bought 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. The fund bought 2,000 shares of the company’s stock, valued at approximately $35,000.

Huntington Bancshares Stock Performance

HBANP stock traded down $0.05 during trading on Friday, reaching $20.61. The stock had a trading volume of 31,591 shares, compared to its average volume of 35,665. The firm has a fifty day moving average price of $19.03 and a 200 day moving average price of $18.44. Huntington Bancshares has a 1-year low of $13.71 and a 1-year high of $20.74.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be paid a $0.2813 dividend. This represents a $1.13 annualized dividend and a dividend yield of 5.46%. The ex-dividend date is Tuesday, October 1st.

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.