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

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 35,400 shares, an increase of 59.5% from the January 31st total of 22,200 shares. Based on an average trading volume of 52,900 shares, the short-interest ratio is currently 0.7 days.

Huntington Bancshares Price Performance

Shares of NASDAQ HBANP traded down $0.08 during mid-day trading on Friday, hitting $18.44. The stock had a trading volume of 40,650 shares, compared to its average volume of 40,758. The company has a 50 day moving average of $18.06 and a two-hundred day moving average of $19.00. Huntington Bancshares has a twelve month low of $17.05 and a twelve month high of $20.74.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.2813 per share. This represents a $1.13 annualized dividend and a yield of 6.10%. The ex-dividend date is Tuesday, April 1st.

Huntington Bancshares Company Profile

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 offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.