Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Short Interest Up 133.3% in June

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 18,200 shares, a growth of 133.3% from the June 15th total of 7,800 shares. Based on an average daily trading volume, of 18,700 shares, the days-to-cover ratio is presently 1.0 days.

Texas Capital Bancshares Stock Up 1.8 %

Shares of TCBIO stock traded up $0.35 during mid-day trading on Friday, hitting $19.76. The company’s stock had a trading volume of 23,527 shares, compared to its average volume of 23,368. Texas Capital Bancshares has a 52-week low of $15.52 and a 52-week high of $21.19. The business has a 50-day moving average price of $19.28 and a 200 day moving average price of $19.48.

Texas Capital Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were paid a $0.3594 dividend. This represents a $1.44 annualized dividend and a dividend yield of 7.27%. The ex-dividend date was Monday, June 3rd.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.