30 shares changed hands by the end of trading on Tuesday. Volume was down 86.73% under the stocks average daily volume.
Traders are more bearish on Huntington Bancshares Incorpora of late if you look at the increase in short interest. The company experienced a rise in short interest between September 15, 2017 and September 29, 2017 of 10.43%. Short shares grew from 374 to 413 over that period. With short interest at 413 and short average daily volume at 1,998, days to cover is 0.0 and the percentage of shorted shares is 0.00% as of September 29.
Here are a few substantial investment firms who have updated their positions. Cohen & Steers Inc bolstered its stake by buying 100 shares an increase of 0.5% from 03/31/2017 to 06/30/2017. Cohen & Steers Inc now holds 19,761 shares worth $28,535,000. The value of the position overall is up by 109,650.0%. As of the end of the quarter Allianz Asset Management Gmbh had sold 4,350 shares trimming its position 18.3%. The value of the company’s investment in Huntington Bancshares Incorpora increased from $32,000 to $28,459,000 a change of $28,427,000 quarter to quarter.
As of quarter end Ubs Group Ag had acquired a total of 7 shares growing its holdings by 18.4%. The value of the total investment in Huntington Bancshares Incorpora went from $0 to $66,000 increasing inf% quarter over quarter. Jrm Investment Counsel, LLC grew its position by buying 1,408 shares an increase of 46.8%. Jrm Investment Counsel, LLC now controls 4,416 shares valued at $6,487,000. The total value of its holdings increased 162,075.0%.
The company is trading up by 0.25%% since yesterday’s close of 1421.1. Additionally the company recently declared a dividend for shareholders to be paid on Monday the 15th of January 2018. The dividend payment will be $21.250 per share for the quarter which comes to $85.00 on an annualized basis. This dividend amount will represent a yield of $5.90. The ex-dividend date will be on Thursday the 28th of September 2017.
It is trading at $1,424.63 which is just under $1,445.11, the stock’s 50 day moving average and barely below the 200 day moving average of $1,428.45. The 50 day moving average moved down $-20.48 and the 200 day average went down $-3.82 or -0.2675%.
The company’s P/E ratio is 1973.1699 and the market cap is 11.52B.
Huntington Bancshares Incorporated (Huntington), launched on April 14, 1966, is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. Its segments include Consumer and Business Banking, Commercial Banking, Commercial Real Estate and Vehicle Finance, Regional Banking and The Huntington Private Client Group, Home Lending and Treasury/Other..