Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Grows By 52.7%

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 39,946 shares, an increase of 52.7% from the February 12th total of 26,154 shares. Based on an average daily volume of 38,335 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 38,335 shares, the short-interest ratio is presently 1.0 days.

Huntington Bancshares Trading Down 0.5%

Huntington Bancshares stock traded down $0.08 during midday trading on Friday, hitting $17.41. 13,657 shares of the company’s stock were exchanged, compared to its average volume of 47,342. Huntington Bancshares has a 12-month low of $16.22 and a 12-month high of $18.90. The firm’s 50 day simple moving average is $17.68 and its 200 day simple moving average is $17.86.

Huntington Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.2813 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.5%.

Huntington Bancshares Company Profile

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.