Short Interest in Huntington Bancshares Incorporated (NASDAQ:HBANL) Increases By 22.5%

Huntington Bancshares Incorporated (NASDAQ:HBANL) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 26,772 shares, an increase of 22.5% from the December 31st total of 21,848 shares. Based on an average daily trading volume, of 19,103 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 19,103 shares, the days-to-cover ratio is presently 1.4 days.

Huntington Bancshares Price Performance

Huntington Bancshares stock opened at $25.32 on Thursday. Huntington Bancshares has a one year low of $24.32 and a one year high of $26.42. The stock’s 50 day moving average price is $25.60 and its 200 day moving average price is $25.59.

Huntington Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders 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 dividend yield of 6.8%.

Hedge Funds Weigh In On Huntington Bancshares

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