WesBanco, Inc. (NASDAQ:WSBCP – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 6,900 shares, an increase of 187.5% from the June 30th total of 2,400 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is presently 1.4 days.
WesBanco Stock Performance
NASDAQ WSBCP remained flat at $25.12 on Thursday. The company’s stock had a trading volume of 463 shares, compared to its average volume of 15,025. The stock’s 50 day moving average price is $24.64 and its two-hundred day moving average price is $24.29. WesBanco has a 52-week low of $22.00 and a 52-week high of $25.18.
WesBanco Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 6.72%. The ex-dividend date is Thursday, August 1st.
Hedge Funds Weigh In On WesBanco
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.
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