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

WesBanco, Inc. (NASDAQ:WSBCP) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 500 shares, an increase of 66.7% from the September 15th total of 300 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is currently 0.0 days.

WesBanco Stock Performance

WSBCP opened at $25.34 on Wednesday. The business has a 50 day moving average price of $25.22 and a 200 day moving average price of $25.22. WesBanco has a twelve month low of $24.75 and a twelve month high of $25.60.

WesBanco Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, November 15th. Stockholders of record on Saturday, November 1st will be given a dividend of $0.4219 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.7%.

Institutional Investors Weigh In On WesBanco

An institutional investor recently bought a new position in WesBanco stock. Iat Reinsurance Co. LTD. bought a new position in shares of WesBanco, Inc. (NASDAQ:WSBCP) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 40,000 shares of the company’s stock, valued at approximately $1,011,000.

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.