Huntington Bancshares (NASDAQ:HBANL) Stock Price Down 0.1% – Time to Sell?

Shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) fell 0.1% during mid-day trading on Thursday . The stock traded as low as $24.65 and last traded at $24.85. Approximately 15,583 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 20,726 shares. The stock had previously closed at $24.87.

Huntington Bancshares Stock Performance

The stock has a 50 day simple moving average of $25.25 and a 200 day simple moving average of $25.34.

Huntington Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.4298 per share. This represents a $1.72 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Wednesday, July 1st.

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 position in shares of Huntington Bancshares Incorporated (NASDAQ:HBANL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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.