WesBanco, Inc. (NASDAQ:WSBCP) Short Interest Down 16.8% in November

WesBanco, Inc. (NASDAQ:WSBCP) saw a significant decrease in short interest during 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 short-interest ratio is presently 0.9 days.

WesBanco Stock Performance

WSBCP stock opened at $25.25 on Friday. The company’s 50 day moving average is $25.20 and its 200 day moving average is $24.95. WesBanco has a 1-year low of $23.65 and a 1-year high of $25.49.

WesBanco Dividend Announcement

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WesBanco stock. Wesbanco Bank Inc. raised its holdings in shares of WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,506 shares of the company’s stock after acquiring 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.

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.