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

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 11,736 shares, a decline of 12.9% from the January 29th total of 13,474 shares. Based on an average daily volume of 5,314 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 5,314 shares, the short-interest ratio is presently 2.2 days.

Hancock Whitney Co. – 6 Trading Up 0.6%

Shares of NASDAQ:HWCPZ traded up $0.15 on Thursday, hitting $23.75. 3,966 shares of the company were exchanged, compared to its average volume of 8,857. Hancock Whitney Co. – 6 has a 1-year low of $22.21 and a 1-year high of $25.70. The stock’s 50 day moving average price is $23.89 and its 200 day moving average price is $23.96.

Hancock Whitney Co. – 6 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.3906 per share. This represents a $1.56 annualized dividend and a yield of 6.6%. The ex-dividend date is Monday, March 2nd.

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.