Redwood Capital Bancorp (OTCMKTS:RWCB) Shares Down 1.2% – Here’s Why

Redwood Capital Bancorp (OTCMKTS:RWCBGet Free Report) shares fell 1.2% during mid-day trading on Tuesday . The company traded as low as $21.52 and last traded at $21.52. 637 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 1,301 shares. The stock had previously closed at $21.79.

Redwood Capital Bancorp Trading Up 1.5 %

The business’s fifty day simple moving average is $21.71 and its two-hundred day simple moving average is $21.46.

About Redwood Capital Bancorp

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Redwood Capital Bancorp operates as the bank holding company for Redwood Capital Bank that provides various banking products and services to individuals and businesses in California. The company accepts checking, savings, and money market accounts, as well as certificates of deposit. It also offers real estate loans, home equity lines of credit, construction and development loans, term loans for machinery and equipment, and lines of credit for working capital, as well as industrial, agricultural, and personal credits.

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