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

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

Hancock Whitney Co. – 6 Price Performance

Shares of HWCPZ traded up $0.05 during mid-day trading on Wednesday, reaching $21.35. The company’s stock had a trading volume of 4,555 shares, compared to its average volume of 10,925. The business has a fifty day moving average of $21.90 and a 200 day moving average of $22.15. Hancock Whitney Co. – 6 has a 1 year low of $21.02 and a 1 year high of $24.75.

Hancock Whitney Co. – 6 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was 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.