WesBanco, Inc. (NASDAQ:WSBCP – Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,200 shares, an increase of 33.3% from the February 28th total of 3,900 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 0.8 days.
WesBanco Trading Up 0.2 %
NASDAQ WSBCP opened at $25.25 on Wednesday. WesBanco has a 12 month low of $23.70 and a 12 month high of $25.60. The company’s 50 day simple moving average is $25.22 and its 200 day simple moving average is $25.21.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. raised its position in shares of WesBanco, Inc. (NASDAQ:WSBCP – Free Report) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,906 shares of the company’s stock after buying 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 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.
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