Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Significant Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 33,311 shares, an increase of 57.7% from the January 15th total of 21,122 shares. Based on an average daily volume of 56,327 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 56,327 shares, the days-to-cover ratio is currently 0.6 days.

Huntington Bancshares Price Performance

NASDAQ HBANP traded up $0.10 during trading on Monday, reaching $17.72. The company’s stock had a trading volume of 20,583 shares, compared to its average volume of 53,219. Huntington Bancshares has a one year low of $16.22 and a one year high of $18.90. The firm has a fifty day moving average of $17.49 and a 200 day moving average of $17.91.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a $0.2813 dividend. This represents a $1.13 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, April 1st.

About Huntington Bancshares

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.