Huntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 70,300 shares, a growth of 334.0% from the December 31st total of 16,200 shares. Based on an average trading volume of 54,800 shares, the short-interest ratio is currently 1.3 days.
Huntington Bancshares Stock Performance
Shares of NASDAQ:HBANP traded up $0.13 during trading on Wednesday, reaching $18.37. The stock had a trading volume of 3,853 shares, compared to its average volume of 56,829. The business has a fifty day moving average price of $18.35 and a 200-day moving average price of $19.00. Huntington Bancshares has a 1-year low of $17.05 and a 1-year high of $20.74.
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 dividend of $0.2813 per share. This represents a $1.13 annualized dividend and a dividend yield of 6.12%. The ex-dividend date 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.
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