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

WesBanco, Inc. (NASDAQ:WSBCP) saw a large 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 daily volume of 6,900 shares, the days-to-cover ratio is currently 0.8 days.

WesBanco Price Performance

NASDAQ:WSBCP opened at $25.25 on Wednesday. The business’s fifty day moving average price is $25.22 and its 200 day moving average price is $25.21. WesBanco has a 1-year low of $23.70 and a 1-year high of $25.60.

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% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,906 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Wesbanco Bank Inc.’s holdings in WesBanco were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

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.