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

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 8,465 shares, a growth of 161.1% from the September 15th total of 3,242 shares. Based on an average trading volume of 6,919 shares, the short-interest ratio is currently 1.2 days.

Hancock Whitney Co. – 6 Stock Performance

Shares of NASDAQ:HWCPZ traded up $0.26 during mid-day trading on Tuesday, reaching $20.98. 6,159 shares of the company were exchanged, compared to its average volume of 10,542. Hancock Whitney Co. – 6 has a 1 year low of $20.65 and a 1 year high of $24.58. The firm’s 50-day simple moving average is $21.57 and its 200 day simple moving average is $21.92.

Hancock Whitney Co. – 6 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3906 per share. This represents a $1.56 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date was Tuesday, September 1st.

Hancock Whitney Co. – 6 Company Profile

Hancock Whitney Corporation is a financial services company and bank holding company headquartered in Gulfport, Mississippi. Through Hancock Whitney Bank, the company provides banking and financial services to individuals, businesses, commercial enterprises and institutions.

The bank offers deposit accounts, residential and commercial lending, consumer loans, treasury and cash-management services, wealth management, investment services and other financial products. Its operations primarily serve communities across the Gulf South, including Mississippi, Louisiana, Alabama, Florida and Texas.

Hancock Whitney traces its history to banking operations established in the late 19th century and was formed through the combination of Hancock Bank and Whitney National Bank.