Huntington Bancshares Incorporated (NASDAQ:HBANL) Stock Short Interest Report for October

Huntington Bancshares Incorporated (NASDAQ:HBANL) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 36,298 shares, a decrease of 51.1% from the September 30th total of 74,243 shares. Based on an average trading volume of 30,514 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Huntington Bancshares Incorporated (NASDAQ:HBANL) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $25,000.

Huntington Bancshares Price Performance

HBANL traded down $0.12 on Friday, reaching $24.56. The stock had a trading volume of 36,681 shares, compared to its average volume of 22,326. Huntington Bancshares has a fifty-two week low of $24.31 and a fifty-two week high of $25.98. The firm has a 50-day moving average of $24.96 and a 200-day moving average of $25.18.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Friday, January 1st will be paid a dividend of $0.4298 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, December 31st.

Huntington Bancshares Company Profile

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.