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

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the recipient of a large increase in short interest in 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 trading volume, of 54,800 shares, the short-interest ratio is currently 1.3 days.

Huntington Bancshares Trading Down 0.8 %

Shares of NASDAQ:HBANP traded down $0.15 during trading hours on Tuesday, reaching $18.24. The stock had a trading volume of 39,964 shares, compared to its average volume of 59,998. Huntington Bancshares has a 1 year low of $17.05 and a 1 year high of $20.74. The firm’s 50 day moving average is $18.35 and its 200-day moving average is $19.00.

Huntington Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.2813 dividend. This represents a $1.13 annualized dividend and a dividend yield of 6.17%. 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.