Huntington Bancshares Incorporated (NASDAQ:HBANP) Short Interest Update
by Doug Wharley · The Cerbat GemHuntington Bancshares Incorporated (NASDAQ:HBANP – Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 6,847 shares, a drop of 70.5% from the April 15th total of 23,213 shares. Based on an average daily volume of 28,791 shares, the days-to-cover ratio is presently 0.2 days.
Huntington Bancshares Stock Down 0.7%
HBANP stock opened at $16.95 on Wednesday. Huntington Bancshares has a 12 month low of $16.75 and a 12 month high of $18.90. The firm’s fifty day simple moving average is $17.21 and its 200-day simple moving average is $17.45.
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 given a dividend of $0.2813 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.13 dividend on an annualized basis and a yield of 6.6%.
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.