Huntington Bancshares Incorporated (NASDAQ:HBANL) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 26,772 shares, a growth of 22.5% from the December 31st total of 21,848 shares. Based on an average daily volume of 19,103 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 19,103 shares, the short-interest ratio is presently 1.4 days.

Huntington Bancshares Price Performance

Shares of NASDAQ:HBANL traded down $0.10 during midday trading on Tuesday, hitting $25.34. The stock had a trading volume of 39,133 shares, compared to its average volume of 20,174. Huntington Bancshares has a 12 month low of $24.32 and a 12 month high of $26.42. The business’s 50-day simple moving average is $25.61 and its 200-day simple moving average is $25.59.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.4298 per share. The ex-dividend date is Wednesday, April 1st. This represents a $1.72 dividend on an annualized basis and a yield of 6.8%.

Institutional Trading of Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $25,000.

About Huntington Bancshares

Huntington Bancshares Incorporated (NASDAQ: HBANL) is a regional bank holding company that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s offerings include personal and small-business checking and savings accounts, consumer and commercial lending, treasury management, mortgage banking, equipment finance, and wealth management services. Huntington places a strong emphasis on digital and mobile banking capabilities, aiming to deliver an integrated customer experience across online, mobile and branch channels.

Originally founded in 1866 as The P.W.