Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Rating) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 3,100 shares, an increase of 47.6% from the November 30th total of 2,100 shares. Based on an average daily trading volume, of 15,600 shares, the short-interest ratio is presently 0.2 days.
Huntington Bancshares Price Performance
HBANM stock traded up $0.34 during midday trading on Friday, reaching $21.65. The company had a trading volume of 12,769 shares, compared to its average volume of 15,992. Huntington Bancshares has a 1 year low of $21.15 and a 1 year high of $26.34. The firm has a 50-day moving average price of $22.25 and a 200-day moving average price of $23.33.
Get Huntington Bancshares alerts:Huntington Bancshares Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, February 15th will be paid a $0.3563 dividend. The ex-dividend date of this dividend is Tuesday, February 14th. This represents a $1.43 dividend on an annualized basis and a yield of 6.58%.
Hedge Funds Weigh In On Huntington Bancshares
An institutional investor recently bought a new position in Huntington Bancshares stock. Connectus Wealth LLC purchased a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBANM – Get Rating) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 104,775 shares of the company's stock, valued at approximately $2,410,000.Huntington Bancshares Company Profile
(Get Rating)
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).
Further Reading
- Get a free copy of the StockNews.com research report on Huntington Bancshares (HBANM)
- MarketBeat: Week in Review 12/26 – 12/30
- The Dogs Of Tech: It's Time For A Bite Of These Stocks
- Does This Acquisition Make Microsoft a Bear Market Buy?
- Should You Warm up to Generac Stock for the Winter?
- Is Kintara Therapeutics A Hidden Gem?
Receive News & Ratings for Huntington Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntington Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.