Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) Sees Large Drop in Short Interest

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,097 shares, a decrease of 51.2% from the August 15th total of 4,301 shares. Based on an average daily trading volume, of 7,719 shares, the days-to-cover ratio is currently 0.3 days.

Hancock Whitney Co. – 6 Stock Performance

Hancock Whitney Co. – 6 stock traded up $0.07 during mid-day trading on Tuesday, hitting $21.34. 9,080 shares of the company were exchanged, compared to its average volume of 10,961. Hancock Whitney Co. – 6 has a 12-month low of $21.02 and a 12-month high of $24.75. The business’s 50 day simple moving average is $21.91 and its two-hundred day simple moving average is $22.17.

Hancock Whitney Co. – 6 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $0.3906 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Tuesday, September 1st.

Hancock Whitney Co. – 6 Company Profile

Hancock Whitney Co is a regional banking and financial services firm that operates as a subsidiary of Hancock Whitney Corporation. Headquartered in Gulfport, Mississippi, the company provides a broad range of commercial and consumer banking products through its Hancock Bank and Whitney Bank brands. Its offerings include deposit accounts, commercial and consumer loans, treasury and payment solutions, mortgage lending, credit card services, and online and mobile banking platforms designed to meet the needs of individuals and businesses across the Gulf South and Texas.

In addition to traditional banking, Hancock Whitney Co supports corporate clients with specialized services such as asset-based lending, equipment financing, and capital markets solutions.