Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Expands By 59.5%

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a large increase in short interest during 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 daily volume of 52,900 shares, the short-interest ratio is presently 0.7 days.

Huntington Bancshares Stock Down 0.5 %

Shares of HBANP traded down $0.09 during trading hours on Monday, reaching $18.35. The stock had a trading volume of 17,825 shares, compared to its average volume of 40,666. Huntington Bancshares has a 12 month low of $17.05 and a 12 month high of $20.74. The company’s 50-day moving average is $18.07 and its two-hundred day moving average is $19.01.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.2813 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.13%. The ex-dividend date is Tuesday, April 1st.

About Huntington Bancshares

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.