First Horizon National Corporation (FHN): Price Target and June Short Interest Disclosure

First Horizon National Corporation (FHN) : 9 investment research analysts covering First Horizon National Corporation (FHN) have an average price target of $14.44 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $12 for the short term. Analysts expect the variance to be within $1.21 of the average price.

The short interest in First Horizon National Corporation (FHN) has declined from 11,985,945 on June 15,2016 to 11,308,049 on June 30,2016. The change was measured at 677,896 shares or 5.7%. The leftover shorts were 4.9% of the floated shares. The days to cover are 4, given the average daily volume of 2,841,173 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


First Horizon National Corporation (NYSE:FHN): stock turned positive on Thursday. Though the stock opened at $14.57, the bulls momentum made the stock top out at $14.5864 level for the day. The stock recorded a low of $14.4 and closed the trading day at $14.49, in the green by 1.76%. The total traded volume for the day was 3,504,745. The stock had closed at $14.24 in the previous days trading.

First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). FHN operates through four segments: regional banking, capital markets, corporate and non-strategic. As of December 31, 2014, FHNs subsidiaries had over 200 business locations in the United States and Hong Kong. As of December 31, 2014, the Bank had 182 branch locations in seven states: 168 branches in Tennessee; 2 branches in northwestern Georgia; 7 branches in northwestern Mississippi; 2 branches in North Carolina, and one branch each in Virginia, South Carolina, and Florida. At December 31, 2014, FTN Financial products and services were offered through 27 offices in total, including 26 offices in 16 states across the United States plus an office in Hong Kong.

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