Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Decreases By 39.8%

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 21,300 shares, a decrease of 39.8% from the February 13th total of 35,400 shares. Based on an average daily volume of 52,000 shares, the days-to-cover ratio is presently 0.4 days.

Huntington Bancshares Price Performance

Shares of HBANP traded up $0.14 during trading hours on Monday, reaching $18.02. 6,508 shares of the company’s stock traded hands, compared to its average volume of 40,512. The business’s fifty day simple moving average is $18.08 and its two-hundred day simple moving average is $18.95. Huntington Bancshares has a twelve month low of $17.05 and a twelve month high of $20.74.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $0.2813 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.13 annualized dividend and a dividend yield of 6.24%.

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.