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

FNB, Inc. (OTCMKTS:FIDS) saw a significant growth in short interest during 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 trading volume of 735 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On FNB

Institutional investors have recently bought and sold shares of the business. Manning & Napier Advisors LLC acquired a new position in FNB in the second quarter worth $547,000. Bank of New York Mellon Corp bought a new stake in shares of FNB during the second quarter worth $54,314,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of FNB in the second quarter valued at $2,180,000. Institutional investors own 0.08% of the company’s stock.

FNB Price Performance

Shares of FIDS opened at $24.50 on Thursday. FNB has a one year low of $20.85 and a one year high of $30.00. The business’s 50 day simple moving average is $27.75 and its 200-day simple moving average is $26.95.

About FNB

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.