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

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 17,500 shares, a drop of 75.1% from the December 31st total of 70,300 shares. Based on an average daily volume of 59,800 shares, the short-interest ratio is currently 0.3 days.

Huntington Bancshares Stock Performance

NASDAQ HBANP traded up $0.27 during trading on Thursday, hitting $18.31. The stock had a trading volume of 30,270 shares, compared to its average volume of 56,650. The firm has a 50 day moving average price of $18.33 and a 200 day moving average price of $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. Investors of record on Tuesday, April 1st will be issued a $0.2813 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.14%. 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.