Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Down 16.2% in March

Huntington Bancshares Incorporated (NASDAQ:HBANP) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 33,459 shares, a drop of 16.2% from the February 26th total of 39,946 shares. Based on an average daily trading volume, of 31,715 shares, the days-to-cover ratio is currently 1.1 days.

Huntington Bancshares Price Performance

HBANP opened at $17.05 on Monday. The company has a fifty day moving average of $17.64 and a two-hundred day moving average of $17.77. Huntington Bancshares has a fifty-two week low of $16.22 and a fifty-two week high of $18.90.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.2813 per share. The ex-dividend date is Wednesday, April 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 6.6%.

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.