Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 44,600 shares, a growth of 211.9% from the March 15th total of 14,300 shares. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is presently 1.0 days.

Huntington Bancshares Stock Performance

HBANP stock traded up $0.16 during trading on Tuesday, hitting $16.68. The company had a trading volume of 35,172 shares, compared to its average volume of 42,116. The firm has a 50-day moving average price of $17.79 and a 200-day moving average price of $18.56. Huntington Bancshares has a 1-year low of $16.22 and a 1-year high of $20.74.

Huntington Bancshares Announces Dividend

The business 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 annualized dividend and a dividend yield of 6.74%. The ex-dividend date of this dividend 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.