Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Decrease in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 23,213 shares, a drop of 72.3% from the March 31st total of 83,749 shares. Based on an average daily trading volume, of 34,227 shares, the short-interest ratio is presently 0.7 days.

Huntington Bancshares Stock Performance

Shares of HBANP traded up $0.08 on Friday, reaching $17.09. The stock had a trading volume of 34,624 shares, compared to its average volume of 45,891. Huntington Bancshares has a twelve month low of $16.75 and a twelve month high of $18.90. The firm has a 50-day moving average of $17.37 and a 200 day moving average of $17.56.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a $0.2813 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.6%.

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.