Huntington Bancshares Incorporated (NASDAQ:HBANM) Short Interest Update

by · The Cerbat Gem

Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 8,219 shares, a growth of 88.3% from the November 30th total of 4,364 shares. Based on an average daily volume of 15,080 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 15,080 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Separately, DA Davidson set a $21.00 price objective on shares of Huntington Bancshares in a research report on Tuesday, October 28th.

Get Our Latest Stock Report on Huntington Bancshares

Huntington Bancshares Stock Up 0.1%

HBANM stock traded up $0.02 during trading on Friday, reaching $22.13. 14,882 shares of the stock were exchanged, compared to its average volume of 11,615. The firm’s 50 day moving average is $22.59 and its 200 day moving average is $22.74. Huntington Bancshares has a twelve month low of $21.38 and a twelve month high of $25.39.

Huntington Bancshares (NASDAQ:HBANM – Get Free Report) last announced its quarterly earnings data on Thursday, July 21st. The company reported $0.35 EPS for the quarter. The firm had revenue of $1.29 billion during the quarter.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Sunday, February 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 6.4%. The ex-dividend date is Friday, February 13th.

About Huntington Bancshares

(Get Free Report)

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, the company operates through its principal banking subsidiary, The Huntington National Bank, offering a comprehensive suite of financial services to individuals, small businesses, and larger corporate clients. Huntington is publicly traded on the NASDAQ under the symbol HBANM.

The company’s core business activities include commercial lending, consumer banking, and treasury management services.

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