Huntington Bancshares Incorporated (NASDAQ:HBANL) Short Interest Up 30.7% in February

Huntington Bancshares Incorporated (NASDAQ:HBANL) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 27,259 shares, an increase of 30.7% from the February 12th total of 20,863 shares. Based on an average trading volume of 17,062 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 17,062 shares, the days-to-cover ratio is currently 1.6 days.

Huntington Bancshares Trading Down 0.2%

Huntington Bancshares stock traded down $0.05 during midday trading on Friday, hitting $25.11. The stock had a trading volume of 18,721 shares, compared to its average volume of 19,353. Huntington Bancshares has a 52-week low of $24.32 and a 52-week high of $26.42. The firm’s fifty day moving average is $25.50 and its two-hundred day moving average is $25.57.

Huntington Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be paid a $0.4298 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.8%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in Huntington Bancshares Incorporated (NASDAQ:HBANL) in the 4th quarter, according to the company in its most recent disclosure 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.