WesBanco, Inc. (NASDAQ:WSBCP) Short Interest Up 20.5% in August

WesBanco, Inc. (NASDAQ:WSBCP) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,300 shares, an increase of 20.5% from the August 15th total of 4,400 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is presently 0.8 days.

WesBanco Trading Up 0.3 %

Shares of NASDAQ WSBCP opened at $25.04 on Tuesday. The company’s 50-day moving average is $24.90 and its 200 day moving average is $24.47. WesBanco has a 1 year low of $22.32 and a 1 year high of $25.49.

WesBanco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Thursday, August 1st were given a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 6.74%. The ex-dividend date of this dividend was Thursday, August 1st.

Institutional Trading of WesBanco

An institutional investor recently bought a new position in WesBanco stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of WesBanco, Inc. (NASDAQ:WSBCP) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,600 shares of the company’s stock, valued at approximately $88,000.

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.