Huntington Bancshares Incorporated (NASDAQ:HBANL) Short Interest Update

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 45,954 shares, an increase of 86.4% from the August 15th total of 24,651 shares. Based on an average daily volume of 19,657 shares, the short-interest ratio is presently 2.3 days.

Huntington Bancshares Stock Performance

NASDAQ HBANL opened at $25.07 on Wednesday. Huntington Bancshares has a one year low of $24.31 and a one year high of $26.19. The firm’s fifty day moving average is $25.12 and its two-hundred day moving average is $25.18.

Huntington Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a dividend of $0.4298 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.9%.

Hedge Funds 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 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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.