Trans-Lux Co. (OTCMKTS:TNLX) Sees Significant Decline in Short Interest

Trans-Lux Co. (OTCMKTS:TNLX) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 66.7% from the December 15th total of 600 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.3 days.

Trans-Lux Price Performance

Shares of TNLX remained flat at $0.51 during midday trading on Monday. The firm has a market cap of $6.88 million, a PE ratio of -1.55 and a beta of -0.73. The business’s 50-day simple moving average is $0.45 and its 200-day simple moving average is $0.69. Trans-Lux has a 1-year low of $0.33 and a 1-year high of $0.95.

Trans-Lux Company Profile

Trans-Lux Corporation engages in the design and manufacture of digital display solutions and fixed digit scoreboards. It operates in two segments, Digital Product Sales; and Digital Product Lease and Maintenance. The Digital Product Sales segment sells indoor and outdoor digital product signage products.