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

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

Huntington Bancshares Stock Down 0.5 %

HBANP traded down $0.09 during midday trading on Tuesday, hitting $18.26. The company’s stock had a trading volume of 30,841 shares, compared to its average volume of 41,442. Huntington Bancshares has a 52-week low of $17.05 and a 52-week high of $20.74. The firm has a 50-day moving average price of $18.07 and a two-hundred day moving average price of $19.01.

Huntington Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.2813 per share. The ex-dividend date is Tuesday, April 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.16%.

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.