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

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) was the target of 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 trading volume, of 8,982 shares, the short-interest ratio is currently 2.3 days. Based on an average daily trading volume, of 8,982 shares, the short-interest ratio is currently 2.3 days.

Hancock Whitney Co. – 6 Trading Up 2.7%

NASDAQ HWCPZ traded up $0.61 during trading hours on Friday, hitting $23.17. 18,906 shares of the company’s stock were exchanged, compared to its average volume of 9,375. The stock has a 50-day simple moving average of $23.88 and a 200 day simple moving average of $23.90. Hancock Whitney Co. – 6 has a 1-year low of $22.21 and a 1-year high of $25.70.

Hancock Whitney Co. – 6 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.3906 per share. The ex-dividend date 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.