Huntington Bancshares Incorporated (NASDAQ:HBANL) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 31,264 shares, an increase of 159.2% from the June 15th total of 12,062 shares. Based on an average daily volume of 29,626 shares, the short-interest ratio is currently 1.1 days.

Huntington Bancshares Stock Up 0.2%

Shares of Huntington Bancshares stock opened at $24.98 on Thursday. Huntington Bancshares has a 1 year low of $24.31 and a 1 year high of $26.42. The stock has a fifty day moving average price of $25.15 and a 200-day moving average price of $25.29.

Huntington Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.4298 per share. The ex-dividend date was Wednesday, July 1st. This represents a $1.72 annualized dividend and a dividend yield of 6.9%.

Hedge Funds Weigh In On Huntington Bancshares

An institutional investor recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & 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.