WesBanco, Inc. (NASDAQ:WSBCP) Short Interest Update

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in WesBanco stock. Wesbanco Bank Inc. raised its holdings in shares of WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,506 shares of the company’s stock after purchasing an additional 700 shares during the period. Wesbanco Bank Inc.’s holdings in WesBanco were worth $813,000 at the end of the most recent reporting period.

WesBanco Stock Performance

Shares of WSBCP stock opened at $25.14 on Thursday. WesBanco has a 1-year low of $23.19 and a 1-year high of $25.49. The business has a 50-day moving average of $25.18 and a 200 day moving average of $24.89.

WesBanco Announces Dividend

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

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.