WesBanco, Inc. (NASDAQ:WSBCP) Short Interest Down 13.3% in February

WesBanco, Inc. (NASDAQ:WSBCP) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,900 shares, a decline of 13.3% from the February 13th total of 4,500 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On WesBanco

An institutional investor recently raised its position in WesBanco stock. Wesbanco Bank Inc. lifted its stake in WesBanco, Inc. (NASDAQ:WSBCP) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 32,906 shares of the company’s stock after purchasing an additional 400 shares during the quarter. Wesbanco Bank Inc.’s holdings in WesBanco were worth $826,000 at the end of the most recent reporting period.

WesBanco Price Performance

WSBCP stock opened at $25.25 on Thursday. The firm has a fifty day moving average price of $25.23 and a 200 day moving average price of $25.18. WesBanco has a fifty-two week low of $23.70 and a fifty-two week high of $25.60.

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.