Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANP) Rises By 334.0%

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 70,300 shares, an increase of 334.0% from the December 31st total of 16,200 shares. Based on an average daily volume of 54,800 shares, the short-interest ratio is currently 1.3 days.

Huntington Bancshares Price Performance

Shares of Huntington Bancshares stock traded up $0.07 on Thursday, hitting $18.11. The stock had a trading volume of 4,546 shares, compared to its average volume of 55,275. The business’s 50 day moving average is $18.33 and its two-hundred day moving average is $18.99. 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. Shareholders of record on Tuesday, April 1st will be paid a $0.2813 dividend. This represents a $1.13 annualized dividend and a yield of 6.21%. 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.