Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Down 39.8% in February

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 21,300 shares, a drop of 39.8% from the February 13th total of 35,400 shares. Based on an average trading volume of 52,000 shares, the short-interest ratio is presently 0.4 days.

Huntington Bancshares Trading Up 0.8 %

Shares of Huntington Bancshares stock traded up $0.14 during midday trading on Monday, hitting $18.02. The company had a trading volume of 6,508 shares, compared to its average volume of 40,512. Huntington Bancshares has a 1-year low of $17.05 and a 1-year high of $20.74. The business’s 50 day simple moving average is $18.08 and its two-hundred day simple moving average is $18.95.

Huntington Bancshares Announces Dividend

The business 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 is Tuesday, April 1st. This represents a $1.13 annualized dividend and a dividend yield of 6.24%.

About Huntington Bancshares

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.