Short Interest in WesBanco, Inc. (NASDAQ:WSBCP) Expands By 68.7%

WesBanco, Inc. (NASDAQ:WSBCP) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 11,300 shares, an increase of 68.7% from the October 31st total of 6,700 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is currently 1.2 days.

WesBanco Price Performance

NASDAQ WSBCP opened at $25.14 on Friday. The business has a fifty day moving average price of $25.18 and a 200 day moving average price of $24.89. WesBanco has a one year low of $23.19 and a one year high of $25.49.

WesBanco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a dividend of $0.4219 per share. The ex-dividend date was Friday, November 1st. This represents a $1.69 dividend on an annualized basis and a yield of 6.71%.

Institutional Trading of WesBanco

A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. grew its stake in WesBanco, Inc. (NASDAQ:WSBCP) by 25.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,806 shares of the company’s stock after acquiring an additional 6,455 shares during the quarter. Wesbanco Bank Inc.’s holdings in WesBanco were worth $776,000 as of its most recent SEC filing.

WesBanco Company Profile

WesBanco, Inc operates as the bank holding company for WesBanco Bank, Inc that provides retail banking, corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services to individuals and businesses in the United States. The company operates through two segments, Community Banking, and Trust and Investment Services.