Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 59.5% in February

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 35,400 shares, a growth of 59.5% from the January 31st total of 22,200 shares. Based on an average trading volume of 52,900 shares, the days-to-cover ratio is currently 0.7 days.

Huntington Bancshares Stock Down 0.5 %

HBANP traded down $0.09 during trading on Tuesday, reaching $18.26. 30,841 shares of the stock were exchanged, compared to its average volume of 41,442. Huntington Bancshares has a 1 year low of $17.05 and a 1 year high of $20.74. The business’s 50 day moving average price is $18.07 and its two-hundred day moving average price is $19.01.

Huntington Bancshares Dividend Announcement

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 paid a $0.2813 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.13 dividend on an annualized basis and a yield of 6.16%.

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.