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

Hancock Whitney Co. – 6 (NASDAQ:HWCPZ) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 5,070 shares, a drop of 40.1% from the September 30th total of 8,465 shares. Based on an average daily volume of 6,562 shares, the days-to-cover ratio is presently 0.8 days.

Hancock Whitney Co. – 6 Stock Performance

Shares of HWCPZ traded down $0.30 on Friday, reaching $20.08. 19,924 shares of the stock traded hands, compared to its average volume of 10,429. Hancock Whitney Co. – 6 has a 12 month low of $19.97 and a 12 month high of $24.58. The stock’s 50-day moving average price is $21.13 and its 200-day moving average price is $22.27.

Hancock Whitney Co. – 6 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.3906 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $1.56 annualized dividend and a yield of 7.8%.

Hancock Whitney Co. – 6 Company Profile

Hancock Whitney Corporation is a financial services holding company headquartered in Gulfport, Mississippi. Through its principal subsidiary, Hancock Whitney Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its products and services include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, treasury management, wealth management, trust and investment services, mortgage banking, and insurance-related offerings.