Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Up 150.3% in March

Huntington Bancshares Incorporated (NASDAQ:HBANP) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 83,749 shares, a growth of 150.3% from the March 15th total of 33,459 shares. Based on an average daily trading volume, of 51,821 shares, the short-interest ratio is presently 1.6 days.

Huntington Bancshares Stock Performance

Huntington Bancshares stock opened at $17.13 on Tuesday. Huntington Bancshares has a 12-month low of $16.29 and a 12-month high of $18.90. The company has a 50-day moving average price of $17.45 and a 200 day moving average price of $17.64.

Huntington Bancshares Dividend Announcement

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

About Huntington Bancshares

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.