Short Interest in Trans-Lux Co. (OTCMKTS:TNLX) Increases By 900.0%

Trans-Lux Co. (OTCMKTS:TNLX) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 1.4 days.

Trans-Lux Price Performance

Shares of Trans-Lux stock traded up $0.05 during trading on Friday, hitting $0.95. 200 shares of the company were exchanged, compared to its average volume of 260. The firm’s fifty day moving average price is $0.88 and its 200 day moving average price is $0.79. Trans-Lux has a 1-year low of $0.35 and a 1-year high of $0.95.

Trans-Lux (OTCMKTS:TNLX) last issued its quarterly earnings data on Wednesday, May 15th. The technology company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $2.62 million during the quarter.

Trans-Lux Company Profile

Trans-Lux Corporation designs and manufactures digital display solutions and fixed digit scoreboards. It operates in two segments, Digital Product Sales; and Digital Product Lease and Maintenance. The Digital Product Sales segment sells indoor and outdoor digital product signage products. The Digital Product Lease and Maintenance segment is involved in the lease and maintenance of indoor and outdoor digital product signage.