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

WesBanco, Inc. (NASDAQ:WSBCP) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 9,400 shares, a decrease of 16.8% from the November 15th total of 11,300 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is presently 0.9 days.

WesBanco Price Performance

WSBCP stock opened at $25.25 on Monday. The business has a 50 day moving average of $25.20 and a 200 day moving average of $24.95. WesBanco has a twelve month low of $23.65 and a twelve month high of $25.49.

WesBanco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 1st were issued a dividend of $0.4219 per share. The ex-dividend date was Friday, November 1st. This represents a $1.69 annualized dividend and a dividend yield of 6.68%.

Hedge Funds Weigh In On WesBanco

A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. boosted its holdings in WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,506 shares of the company’s stock after acquiring an additional 700 shares during the quarter. Wesbanco Bank Inc.’s holdings in WesBanco were worth $813,000 at the end of the most recent quarter.

About WesBanco

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.