Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Down 21.5% in February

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 26,154 shares, a drop of 21.5% from the January 29th total of 33,311 shares. Based on an average trading volume of 29,413 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 29,413 shares, the short-interest ratio is currently 0.9 days.

Huntington Bancshares Stock Performance

HBANP stock remained flat at $17.75 on Wednesday. 20,718 shares of the company traded hands, compared to its average volume of 50,339. Huntington Bancshares has a 1 year low of $16.22 and a 1 year high of $18.90. The company has a fifty day simple moving average of $17.63 and a two-hundred day simple moving average of $17.89.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.2813 per share. The ex-dividend date is Wednesday, April 1st. This represents a $1.13 annualized dividend and a yield of 6.3%.

Huntington Bancshares Company Profile

Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. Established in 1866 as The Huntington National Bank, the organization has grown through both organic expansion and strategic acquisitions to become one of the leading financial institutions in the U.S. Midwest. It operates as the parent company of Huntington National Bank, offering a broad range of banking and financial services to individual and institutional clients.

The company’s core business activities span consumer banking, commercial banking, and wealth management.