(NASDAQ:HBANP) shares saw light trading volume with 116 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of 96.57% under the normal average daily volume.
Investors are a little more bearish on shares of the company lately if you put credence in the increase in short interest. The stock had a rise in short interest of 512.83% between September 29, 2017 and October 13, 2017. Short interest grew from 413 to 2,531 over that period. With short interest at 2,531 and short average daily volume at 251, the short-interest ratio is 10.0 and the short interest percentage is 0.00% as of October 13.
These funds have shifted positions in (HBANP). Camden Asset Management L P /ca reduced its ownership by selling 10,991 shares a decrease of 16.2%. Camden Asset Management L P /ca currently owns 56,966 shares worth $82,031,000. The total value of its holdings decreased 15.0%. As of quarter end Stifel Financial Corp had sold a total of 44 shares trimming its position 15.0%. The value of the investment in (HBANP) went from $433,000 to $370,000 a change of 14.5% since the last quarter.
As of the end of the quarter Jrm Investment Counsel, LLC had disposed of 248 shares trimming its stake by 5.6%. The value of the total investment in Huntington BNC Pfd A decreased from $6,487,000 to $6,169,000 decreasing 4.9% quarter to quarter. As of quarter end Raymond James & Associates had disposed of a total of 81 shares trimming its holdings by 7.3%. The value of the company’s investment in Huntington BNC Pfd A went from $1,629,000 to $1,521,000 a change of $108,000 for the reporting period.
In the market the company is trading down from yesterday’s close of 4.52. The company currently has a P/E ratio of 1 and the market value is 14.76B. As of the latest earnings report the EPS was $0.83 with 1.10M shares outstanding.
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..Advertisement