Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 44,600 shares, an increase of 211.9% from the March 15th total of 14,300 shares. Based on an average trading volume of 43,200 shares, the short-interest ratio is presently 1.0 days.

Huntington Bancshares Stock Performance

NASDAQ HBANP traded up $0.16 during mid-day trading on Tuesday, hitting $16.68. The stock had a trading volume of 35,172 shares, compared to its average volume of 42,116. The company has a 50 day simple moving average of $17.79 and a 200 day simple moving average of $18.56. Huntington Bancshares has a 52-week low of $16.22 and a 52-week high of $20.74.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a $0.2813 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.74%. The ex-dividend date of this dividend is Tuesday, April 1st.

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.