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

WesBanco, Inc. (NASDAQ:WSBCP) was the recipient of a significant increase in short interest in the month of 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 daily trading volume, of 13,700 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 13,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of WesBanco

A hedge fund recently bought a new stake in WesBanco stock. Iat Reinsurance Co. LTD. purchased a new stake in WesBanco, Inc. (NASDAQ:WSBCP) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 40,000 shares of the company’s stock, valued at approximately $1,011,000.

WesBanco Stock Up 0.0%

WesBanco stock opened at $25.35 on Thursday. WesBanco has a 52 week low of $24.75 and a 52 week high of $25.60. The stock has a 50-day moving average price of $25.23 and a 200 day moving average price of $25.22.

WesBanco Cuts Dividend

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

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.