Huntington Bancshares Incorporated (NASDAQ:HBANL) Sees Large Decrease in Short Interest

Huntington Bancshares Incorporated (NASDAQ:HBANL) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 21,848 shares, a decrease of 16.8% from the December 15th total of 26,275 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 15,400 shares, the short-interest ratio is presently 1.4 days.

Huntington Bancshares Price Performance

Shares of HBANL stock opened at $25.71 on Wednesday. The stock has a 50 day moving average price of $25.57 and a 200 day moving average price of $25.56. Huntington Bancshares has a 52-week low of $24.32 and a 52-week high of $26.42.

Institutional Trading of Huntington Bancshares

A hedge fund recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Huntington Bancshares Incorporated (NASDAQ:HBANL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 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.