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

Truxton Co. (OTCMKTS:TRUX) saw a large 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 volume of 500 shares, the days-to-cover ratio is currently 0.8 days.

Truxton Stock Performance

OTCMKTS:TRUX remained flat at $75.25 on Friday. The company’s stock had a trading volume of 1,275 shares, compared to its average volume of 303. Truxton has a 1-year low of $59.76 and a 1-year high of $75.25. The company’s 50 day moving average price is $73.25 and its two-hundred day moving average price is $68.71. The company has a market cap of $215.82 million, a P/E ratio of 12.42 and a beta of 0.65.

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

Truxton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 10th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Tuesday, December 10th. Truxton’s payout ratio is presently 28.38%.

Truxton Company Profile

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.