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

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 33,459 shares, a decline 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 Stock Performance

Shares of HBANP opened at $17.05 on Monday. Huntington Bancshares has a 52 week low of $16.22 and a 52 week high of $18.90. The stock’s 50-day moving average price is $17.64 and its 200-day moving average price is $17.77.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a $0.2813 dividend. This represents a $1.13 annualized dividend and a yield of 6.6%. The ex-dividend date is Wednesday, April 1st.

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.