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

WesBanco, Inc. (NASDAQ:WSBCPGet Free Report) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 6,700 shares, an increase of 28.8% from the October 15th total of 5,200 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WesBanco stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of WesBanco, Inc. (NASDAQ:WSBCPFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,600 shares of the company’s stock, valued at approximately $88,000.

WesBanco Price Performance

Shares of WesBanco stock opened at $25.20 on Friday. WesBanco has a 52 week low of $23.00 and a 52 week high of $25.49. The stock has a 50 day moving average price of $25.15 and a two-hundred day moving average price of $24.84.

WesBanco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a dividend of $0.4219 per share. The ex-dividend date was Friday, November 1st. This represents a $1.69 dividend on an annualized basis and a yield of 6.70%.

About WesBanco

(Get Free Report)

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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