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

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the recipient of a significant increase in short interest during 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 daily trading volume, of 17,062 shares, the short-interest ratio is presently 1.6 days. Based on an average daily trading volume, of 17,062 shares, the short-interest ratio is presently 1.6 days.

Huntington Bancshares Price Performance

Shares of NASDAQ:HBANL traded down $0.05 during midday trading on Friday, reaching $25.11. 18,721 shares of the company were exchanged, compared to its average volume of 19,353. The business’s fifty day moving average is $25.50 and its two-hundred day moving average is $25.57. Huntington Bancshares has a one year low of $24.32 and a one year high of $26.42.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a $0.4298 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $1.72 annualized dividend and a yield of 6.8%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Huntington Bancshares stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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.