FNB, Inc. (OTCMKTS:FIDS) Sees Large Increase in Short Interest

FNB, Inc. (OTCMKTS:FIDS) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 90 shares, a growth of 200.0% from the July 30th total of 30 shares. Based on an average daily trading volume, of 735 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of FNB

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC bought a new stake in FNB during the 2nd quarter worth about $547,000. Public Employees Retirement System of Ohio acquired a new position in FNB during the 2nd quarter valued at about $2,180,000. Finally, Bank of New York Mellon Corp acquired a new position in FNB during the 2nd quarter valued at about $54,314,000. 0.08% of the stock is currently owned by institutional investors and hedge funds.

FNB Stock Performance

FIDS stock opened at $24.50 on Thursday. FNB has a twelve month low of $20.85 and a twelve month high of $30.00. The business has a fifty day moving average of $27.75 and a 200-day moving average of $26.95.

FNB Company Profile

FNB, Inc operates as the bank holding company for The First National Bank of Dennison that provides personal and business banking products in Ohio. Its products and services include checking, savings, certificates of deposit, and individual retirement accounts; debit cards; and cash management, merchant card processing, night depository, overdraft protection, safe deposit boxes, and mobile and online banking services. The company also offers various loans comprising agricultural loans, commercial loans, construction loans, fixed rate and variable rate mortgages, installment loans, and home equity loans.