Huntington Bancshares Incorporated (NASDAQ:HBANP) Sees Large Growth in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANPGet Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 137,200 shares, a growth of 894.2% from the January 15th total of 13,800 shares. Based on an average daily volume of 52,100 shares, the days-to-cover ratio is presently 2.6 days.

Huntington Bancshares Stock Up 0.7 %

Shares of Huntington Bancshares stock opened at $19.12 on Tuesday. Huntington Bancshares has a one year low of $13.16 and a one year high of $20.16. The business has a 50-day simple moving average of $18.58 and a 200 day simple moving average of $17.38.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 1st will be issued a dividend of $0.2813 per share. This represents a $1.13 dividend on an annualized basis and a yield of 5.88%. The ex-dividend date is Thursday, March 28th.

Institutional Trading of Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. OLD Point Trust & Financial Services N A acquired a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANPFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $35,000.

About Huntington Bancshares

(Get Free Report)

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 operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG).

Further Reading

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