Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) Sees Significant Growth in Short Interest

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 20,410 shares, an increase of 73.9% from the February 12th total of 11,736 shares. Based on an average daily volume of 8,982 shares, the short-interest ratio is presently 2.3 days. Based on an average daily volume of 8,982 shares, the short-interest ratio is presently 2.3 days.

Hancock Whitney Co. – 6 Stock Performance

NASDAQ HWCPZ traded up $0.61 on Friday, reaching $23.17. The company had a trading volume of 18,906 shares, compared to its average volume of 9,375. Hancock Whitney Co. – 6 has a fifty-two week low of $22.21 and a fifty-two week high of $25.70. The business has a 50 day moving average of $23.88 and a two-hundred day moving average of $23.90.

Hancock Whitney Co. – 6 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a $0.3906 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.56 annualized dividend and a dividend yield of 6.7%.

About Hancock Whitney Co. – 6

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.