Truxton Co. (OTCMKTS:TRUX) Sees Large Increase in Short Interest

Truxton Co. (OTCMKTS:TRUX) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 400 shares, a growth of 300.0% from the November 15th total of 100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 0.8 days.

Truxton Trading Up 0.7 %

OTCMKTS:TRUX traded up $0.53 during midday trading on Wednesday, reaching $75.00. The company had a trading volume of 701 shares, compared to its average volume of 1,306. The firm has a market capitalization of $214.95 million, a price-to-earnings ratio of 12.38 and a beta of 0.65. The stock’s fifty day simple moving average is $73.00 and its 200-day simple moving average is $68.53. Truxton has a 12-month low of $59.76 and a 12-month high of $75.00.

Truxton (OTCMKTS:TRUX) last released its earnings results on Thursday, October 17th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter. The company had revenue of $12.22 million during the quarter.

Truxton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 10th will be issued a $0.43 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.72 dividend on an annualized basis and a yield of 2.29%. Truxton’s dividend payout ratio (DPR) is presently 28.38%.

About Truxton

Truxton Corporation, through its subsidiaries, provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions in the United States. The company offers deposit products, including demand, money market accounts, and certificates of deposit.