Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Decrease in Short Interest
by Amy Steele · The Cerbat GemHuntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) was the target of a large decline in short interest in April. As of April 15th, there was short interest totaling 23,213 shares, a decline of 72.3% from the March 31st total of 83,749 shares. Based on an average trading volume of 34,227 shares, the days-to-cover ratio is currently 0.7 days.
Huntington Bancshares Stock Performance
Shares of NASDAQ:HBANP traded up $0.08 during midday trading on Friday, hitting $17.09. 34,624 shares of the company’s stock traded hands, compared to its average volume of 45,891. The firm’s fifty day moving average price is $17.37 and its two-hundred day moving average price is $17.55. Huntington Bancshares has a twelve month low of $16.75 and a twelve month high of $18.90.
Huntington Bancshares Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2813 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.13 annualized dividend 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.