Trinity Bank, N.A. (OTCMKTS:TYBT) Sees Large Decrease in Short Interest

Trinity Bank, N.A. (OTCMKTS:TYBT) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 100 shares, a drop of 66.7% from the December 15th total of 300 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 0.5 days.

Trinity Bank, N.A. Stock Performance

TYBT traded down $4.74 during trading on Wednesday, reaching $86.26. 361 shares of the stock were exchanged, compared to its average volume of 287. The stock’s 50 day moving average price is $87.59 and its two-hundred day moving average price is $85.30. Trinity Bank, N.A. has a twelve month low of $80.00 and a twelve month high of $95.00. The stock has a market cap of $92.73 million, a P/E ratio of 11.58 and a beta of 0.01.

Trinity Bank, N.A. (OTCMKTS:TYBT) last issued its earnings results on Tuesday, October 29th. The company reported $1.86 earnings per share (EPS) for the quarter. The firm had revenue of $4.54 million during the quarter.

Trinity Bank, N.A. Company Profile

Trinity Bank, N.A. provides personal and business banking products and services in Texas. It provides personal and business deposits, such as checking and money market accounts; treasury tax and loan deposits; mobile deposits; certificates of deposit; and automobile, secured/unsecured, home improvement, lots and interim construction, installment/term, equipment, and real estate loans, as well as revolving lines of credit.