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

WesBanco, Inc. (NASDAQ:WSBCP) saw 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 trading volume of 10,000 shares, the days-to-cover ratio is currently 0.9 days.

WesBanco Price Performance

Shares of NASDAQ:WSBCP opened at $25.25 on Friday. The stock’s 50-day simple moving average is $25.20 and its two-hundred day simple moving average is $24.95. WesBanco has a 52-week low of $23.65 and a 52-week high of $25.49.

WesBanco Dividend Announcement

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

Institutional Trading of WesBanco

An institutional investor recently raised its position in WesBanco stock. Wesbanco Bank Inc. lifted its stake in WesBanco, Inc. (NASDAQ:WSBCP) by 2.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,506 shares of the company’s stock after buying an additional 700 shares during the quarter. Wesbanco Bank Inc.’s holdings in WesBanco were worth $813,000 as of its most recent filing with the Securities & Exchange Commission.

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.