WesBanco, Inc. (NASDAQ:WSBCP) Short Interest Down 80.0% in July

WesBanco, Inc. (NASDAQ:WSBCP) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 800 shares, adecreaseof80.0% from the July 15th total of 4,000 shares. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is presently 0.0 days.

WesBanco Stock Down 0.1%

NASDAQ WSBCP opened at $25.14 on Friday. WesBanco has a 12 month low of $24.42 and a 12 month high of $25.60. The company has a 50-day moving average of $25.29 and a 200-day moving average of $25.20.

WesBanco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 1st were issued a $0.4219 dividend. The ex-dividend date was Friday, August 1st. This represents a $1.69 annualized dividend and a yield of 6.7%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 13F filing with the Securities & Exchange Commission. The firm purchased 40,000 shares of the company’s stock, valued at approximately $1,011,000.

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.