Short Interest in Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Expands By 225.0%

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 7,800 shares, a growth of 225.0% from the May 31st total of 2,400 shares. Based on an average trading volume of 19,400 shares, the short-interest ratio is presently 0.4 days.

Texas Capital Bancshares Trading Down 1.2 %

Texas Capital Bancshares stock traded down $0.23 during mid-day trading on Friday, reaching $18.91. 44,103 shares of the company traded hands, compared to its average volume of 23,681. Texas Capital Bancshares has a fifty-two week low of $15.52 and a fifty-two week high of $21.19. The firm’s fifty day moving average is $19.25 and its two-hundred day moving average is $19.43.

Texas Capital Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.3594 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.60%.

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.