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

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

Huntington Bancshares Stock Down 0.5%

Shares of NASDAQ HBANP traded down $0.08 during mid-day trading on Friday, hitting $17.41. The company had a trading volume of 13,657 shares, 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 business’s 50-day simple moving average is $17.68 and its 200-day simple moving average is $17.86.

Huntington Bancshares Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Wednesday, April 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.5%.

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.