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

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) saw a significant 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 daily volume of 19,400 shares, the short-interest ratio is presently 0.4 days.

Texas Capital Bancshares Stock Performance

Shares of TCBIO traded up $0.03 on Friday, hitting $19.17. 17,980 shares of the stock traded hands, compared to its average volume of 23,470. The stock’s 50 day moving average is $19.25 and its two-hundred day moving average is $19.43. Texas Capital Bancshares has a 1 year low of $15.52 and a 1 year high of $21.19.

Texas Capital Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date of this dividend 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.