Short Interest in WesBanco, Inc. (NASDAQ:WSBCP) Decreases By 44.2%

WesBanco, Inc. (NASDAQ:WSBCP) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 2,900 shares, a decline of 44.2% from the March 15th total of 5,200 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is currently 0.5 days.

WesBanco Price Performance

WSBCP remained flat at $25.10 on Friday. 2,156 shares of the company’s stock traded hands, compared to its average volume of 7,571. WesBanco has a 52 week low of $23.84 and a 52 week high of $25.60. The firm’s fifty day simple moving average is $25.16 and its 200-day simple moving average is $25.20.

WesBanco Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date is Thursday, May 1st.

Hedge Funds Weigh In On WesBanco

A hedge fund recently bought a new stake in WesBanco stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of WesBanco, Inc. (NASDAQ:WSBCP) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,600 shares of the company’s stock, valued at approximately $116,000.

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.