Huntington Bancshares (NASDAQ:HBANL) Stock Price Down 0% – Should You Sell?

Huntington Bancshares Incorporated (NASDAQ:HBANL) shares were down 0% on Monday . The company traded as low as $24.98 and last traded at $25.01. Approximately 21,687 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 20,689 shares. The stock had previously closed at $25.02.

Huntington Bancshares Trading Down 0.0%

The stock’s 50-day simple moving average is $25.12 and its 200 day simple moving average is $25.18.

Huntington Bancshares Dividend Announcement

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

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 second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,000 shares of the company’s stock, valued at approximately $25,000.

Huntington Bancshares Company Profile

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.