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

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 74,243 shares, an increase of 59.1% from the September 15th total of 46,667 shares. Based on an average daily volume of 29,600 shares, the short-interest ratio is presently 2.5 days.

Huntington Bancshares Stock Down 0.6%

Shares of NASDAQ:HBANL traded down $0.15 during trading hours on Friday, hitting $24.66. 3,656 shares of the company’s stock traded hands, compared to its average volume of 21,823. Huntington Bancshares has a 1 year low of $24.31 and a 1 year high of $25.98. The business has a fifty day moving average price of $25.07 and a 200-day moving average price of $25.12.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a $0.4298 dividend. This represents a $1.72 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Thursday, October 1st.

Institutional Investors Weigh In On Huntington Bancshares

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

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.