Huntington Bancshares Incorporated (NASDAQ:HBANL – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 74,243 shares, a growth of 59.1% from the September 15th total of 46,667 shares. Based on an average daily trading volume, of 29,600 shares, the days-to-cover ratio is presently 2.5 days.
Institutional Investors Weigh In On Huntington Bancshares
A hedge fund recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in Huntington Bancshares Incorporated (NASDAQ:HBANL – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 1,000 shares of the company’s stock, valued at approximately $25,000.
Huntington Bancshares Stock Down 0.6%
Shares of NASDAQ:HBANL traded down $0.15 during trading on Friday, reaching $24.66. The company’s stock had a trading volume of 3,656 shares, compared to its average volume of 21,823. Huntington Bancshares has a 12 month low of $24.31 and a 12 month high of $25.98. The firm’s 50 day simple moving average is $25.07 and its two-hundred day simple moving average is $25.12.
Huntington Bancshares Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were given a dividend of $0.4298 per share. The ex-dividend date was Thursday, October 1st. This represents a $1.72 dividend on an annualized basis and a yield of 7.0%.
About Huntington Bancshares
Huntington Bancshares Incorporated is a regional financial holding company headquartered in Columbus, Ohio. Through its principal subsidiary, The Huntington National Bank, the company provides banking and financial services to consumers, businesses, institutions and government entities.
Huntington’s offerings include consumer checking and savings accounts, residential and auto lending, credit cards, personal loans, commercial and industrial loans, commercial real estate financing, treasury management and cash-management services.
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